2015 HNL to TOP Historical Review

YEARLY HIGH

0.1047 TOP

YEARLY LOW

0.0921 TOP

YEARLY AVERAGE

0.0977 TOP

2015 HNL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1047. Conversely, the yearly low was recorded on May 13, dropping to 0.0921.

This high-to-low spread represents a total annual volatility of 0.0126 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0941 to the December average rate of 0.1025, the exchange rate registered a net change of 8.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1047 was up 7.10% compared to the 2014 peak of 0.0978, 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 524 TOP

2014 Average 463 TOP

Yearly Trough Low 461 TOP

Transaction Impact: A difference of 62.92 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1035

0.0914

JanuMarcMayJulySeptNove

HNL to TOP 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 0.0942, compared to 0.1011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0942

H2 Avg (Jul–Dec) 0.1011

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0056 TOP (High: 0.0990 / Low: 0.0935). On the other end, May was the most stable month, with a tight range of 0.0005 TOP (High: 0.0926 / Low: 0.0921).

June Spread (Volatile) ±0.0056

May Spread (Stable) ±0.0005

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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1025) against the same month in 2014 (average: 0.0931), the exchange rate shifted by +0.0094 (+10.11%).

2015 Avg (December) 0.1025

2014 Avg (December) 0.0931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0946	0.0935	0.0941
February	0.0962	0.0936	0.0950
March	0.0960	0.0928	0.0942
April	0.0948	0.0922	0.0940
May	0.0926	0.0921	0.0924
June	0.0990	0.0935	0.0957
July	0.1015	0.0975	0.0990
August	0.1034	0.1012	0.1015
September	0.1039	0.0985	0.1008
October	0.1026	0.1003	0.1016
November	0.1026	0.1004	0.1013
December	0.1047	0.1001	0.1025