2014 HNL to SHP Historical Review

YEARLY HIGH

0.0316 SHP

YEARLY LOW

0.0278 SHP

YEARLY AVERAGE

0.0298 SHP

2014 HNL to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.0316. Conversely, the yearly low was recorded on July 5, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0038 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0303 to the December average rate of 0.0303, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0316 was down 9.87% compared to the 2013 peak of 0.0350, 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 158 SHP

2013 Average 159 SHP

Yearly Trough Low 139 SHP

Transaction Impact: A difference of 18.88 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0315

0.0276

JanuMarcMayJulySeptNove

HNL to SHP 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 0.0304, compared to 0.0292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0304

H2 Avg (Jul–Dec) 0.0292

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0025 SHP (High: 0.0313 / Low: 0.0288). On the other end, April was the most stable month, with a tight range of 0.0004 SHP (High: 0.0314 / Low: 0.0310).

May Spread (Volatile) ±0.0025

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0026 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0311) against the same month in 2013 (average: 0.0335), the exchange rate shifted by -0.0024 (-7.22%).

2014 Avg (March) 0.0311

2013 Avg (March) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0305	0.0298	0.0303
February	0.0309	0.0302	0.0306
March	0.0316	0.0306	0.0311
April	0.0314	0.0310	0.0312
May	0.0313	0.0288	0.0309
June	0.0289	0.0279	0.0284
July	0.0283	0.0278	0.0280
August	0.0287	0.0283	0.0285
September	0.0295	0.0285	0.0291
October	0.0297	0.0291	0.0293
November	0.0302	0.0293	0.0299
December	0.0306	0.0300	0.0303