YEARLY HIGH
0.0361 SHP
YEARLY LOW
0.0294 SHP
YEARLY AVERAGE
0.0325 SHP

2016 HNL to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.0361. Conversely, the yearly low was recorded on June 23, dropping to 0.0294.

This high-to-low spread represents a total annual volatility of 0.0067 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0310 to the December average rate of 0.0344, the exchange rate registered a net change of 11.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0361 was up 13.14% compared to the 2015 peak of 0.0319, 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 180 SHP
2015 Average 151 SHP
Yearly Trough Low 147 SHP
Transaction Impact: A difference of 33.42 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0359
0.0300
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 0.0309, compared to 0.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0309
H2 Avg (Jul–Dec) 0.0341

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0039 SHP (High: 0.0333 / Low: 0.0294). On the other end, May was the most stable month, with a tight range of 0.0008 SHP (High: 0.0309 / Low: 0.0301).

June Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0354) against the same month in 2015 (average: 0.0297), the exchange rate shifted by +0.0057 (+19.30%).

2016 Avg (October) 0.0354
2015 Avg (October) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0315 0.0304 0.0310
February 0.0319 0.0304 0.0310
March 0.0317 0.0306 0.0310
April 0.0315 0.0303 0.0310
May 0.0309 0.0301 0.0305
June 0.0333 0.0294 0.0311
July 0.0341 0.0329 0.0334
August 0.0340 0.0328 0.0334
September 0.0339 0.0326 0.0333
October 0.0361 0.0336 0.0354
November 0.0359 0.0344 0.0349
December 0.0350 0.0338 0.0344