2018 HNL to STD Historical Review

YEARLY HIGH

920.8525 STD

YEARLY LOW

832.8529 STD

YEARLY AVERAGE

863.8344 STD

2018 HNL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 920.8525. Conversely, the yearly low was recorded on February 3, dropping to 832.8529.

This high-to-low spread represents a total annual volatility of 87.9996 STD. From a start-to-finish perspective, comparing the January average rate of 854.6178 to the December average rate of 867.7880, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 920.8525 was down 9.50% compared to the 2017 peak of 1017.4782, 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 4,604,263 STD

2017 Average 4,629,081 STD

Yearly Trough Low 4,164,265 STD

Transaction Impact: A difference of 439,998.10 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

880.2795

837.5625

JanuMarcMayJulySeptNove

HNL to STD 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 854.5997, compared to 873.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.4694 points.

H1 Avg (Jan–Jun) 854.5997

H2 Avg (Jul–Dec) 873.0691

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 60.9951 STD (High: 920.8525 / Low: 859.8574). On the other end, September was the most stable month, with a tight range of 3.8905 STD (High: 876.9952 / Low: 873.1048).

December Spread (Volatile) ±60.9951

September Spread (Stable) ±3.8905

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 13.4955 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -13.4955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 867.7880) against the same month in 2017 (average: 875.1503), the exchange rate shifted by -7.3623 (-0.84%).

2018 Avg (December) 867.7880

2017 Avg (December) 875.1503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	865.5877	835.2880	854.6178
February	851.5236	832.8529	841.1223
March	845.2909	837.0755	841.7602
April	849.2626	837.7401	842.3041
May	884.8931	860.4469	871.2990
June	883.8342	866.4281	876.4948
July	879.2963	871.1177	875.2849
August	881.4065	875.2831	876.7197
September	876.9952	873.1048	875.2127
October	881.9447	873.0617	876.1771
November	877.1079	862.8739	867.2322
December	920.8525	859.8574	867.7880