2017 HNL to SHP Historical Review

YEARLY HIGH

0.0363 SHP

YEARLY LOW

0.0313 SHP

YEARLY AVERAGE

0.0331 SHP

2017 HNL to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0363. Conversely, the yearly low was recorded on December 30, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0050 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0316, the exchange rate registered a net change of -9.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0363 was up 0.72% compared to the 2016 peak of 0.0361, 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 182 SHP

2016 Average 163 SHP

Yearly Trough Low 157 SHP

Transaction Impact: A difference of 25.10 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0350

0.0312

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 0.0339, compared to 0.0323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0339

H2 Avg (Jul–Dec) 0.0323

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0028 SHP (High: 0.0363 / Low: 0.0335). On the other end, December was the most stable month, with a tight range of 0.0004 SHP (High: 0.0317 / Low: 0.0313).

January Spread (Volatile) ±0.0028

December Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0347) against the same month in 2016 (average: 0.0310), the exchange rate shifted by +0.0037 (+12.10%).

2017 Avg (January) 0.0347

2016 Avg (January) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0363	0.0335	0.0347
February	0.0343	0.0334	0.0340
March	0.0351	0.0339	0.0345
April	0.0345	0.0328	0.0338
May	0.0333	0.0327	0.0330
June	0.0337	0.0329	0.0334
July	0.0333	0.0325	0.0328
August	0.0335	0.0323	0.0331
September	0.0330	0.0314	0.0320
October	0.0328	0.0317	0.0322
November	0.0324	0.0313	0.0320
December	0.0317	0.0313	0.0316