2017 HNL to SGD Historical Review

YEARLY HIGH

0.0626 SGD

YEARLY LOW

0.0566 SGD

YEARLY AVERAGE

0.0588 SGD

2017 HNL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0626. Conversely, the yearly low was recorded on December 28, dropping to 0.0566.

This high-to-low spread represents a total annual volatility of 0.0060 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0612 to the December average rate of 0.0570, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0626 was down 3.00% compared to the 2016 peak of 0.0645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 313 SGD

2016 Average 303 SGD

Yearly Trough Low 283 SGD

Transaction Impact: A difference of 29.96 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0617

0.0565

JanuMarcMayJulySeptNove

HNL to SGD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0599, compared to 0.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0599

H2 Avg (Jul–Dec) 0.0578

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0028 SGD (High: 0.0626 / Low: 0.0598). On the other end, April was the most stable month, with a tight range of 0.0006 SGD (High: 0.0600 / Low: 0.0594).

January Spread (Volatile) ±0.0028

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0612) against the same month in 2016 (average: 0.0638), the exchange rate shifted by -0.0026 (-4.06%).

2017 Avg (January) 0.0612

2016 Avg (January) 0.0638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0626	0.0598	0.0612
February	0.0606	0.0594	0.0601
March	0.0604	0.0593	0.0598
April	0.0600	0.0594	0.0597
May	0.0602	0.0588	0.0595
June	0.0596	0.0586	0.0591
July	0.0592	0.0578	0.0586
August	0.0586	0.0577	0.0583
September	0.0581	0.0572	0.0576
October	0.0584	0.0575	0.0579
November	0.0578	0.0567	0.0574
December	0.0574	0.0566	0.0570