2014 HNL to SVC Historical Review

YEARLY HIGH

0.4587 SVC

YEARLY LOW

0.4096 SVC

YEARLY AVERAGE

0.4294 SVC

2014 HNL to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.4587. Conversely, the yearly low was recorded on October 19, dropping to 0.4096.

This high-to-low spread represents a total annual volatility of 0.0492 SVC. From a start-to-finish perspective, comparing the January average rate of 0.4363 to the December average rate of 0.4152, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4587 was down 0.76% compared to the 2013 peak of 0.4622, 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 2,294 SVC

2013 Average 2,178 SVC

Yearly Trough Low 2,048 SVC

Transaction Impact: A difference of 245.88 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4615

0.4072

JanuMarcMayJulySeptNove

HNL to SVC 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 0.4441, compared to 0.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0293 points.

H1 Avg (Jan–Jun) 0.4441

H2 Avg (Jul–Dec) 0.4147

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0360 SVC (High: 0.4587 / Low: 0.4227). On the other end, July was the most stable month, with a tight range of 0.0011 SVC (High: 0.4183 / Low: 0.4171).

May Spread (Volatile) ±0.0360

July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0357 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.4557) against the same month in 2013 (average: 0.4523), the exchange rate shifted by +0.0034 (+0.74%).

2014 Avg (May) 0.4557

2013 Avg (May) 0.4523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4400	0.4319	0.4363
February	0.4475	0.4393	0.4430
March	0.4554	0.4476	0.4524
April	0.4581	0.4552	0.4569
May	0.4587	0.4227	0.4557
June	0.4232	0.4172	0.4200
July	0.4183	0.4171	0.4176
August	0.4189	0.4147	0.4167
September	0.4165	0.4142	0.4150
October	0.4153	0.4096	0.4121
November	0.4129	0.4102	0.4117
December	0.4175	0.4126	0.4152