2014 HNL to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 HNL to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the HNL to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 25.7532. Conversely, the yearly low was recorded on June 30, dropping to 22.9060.
This high-to-low spread represents a total annual volatility of 2.8473 XAF. From a start-to-finish perspective, comparing the January average rate of 24.0225 to the December average rate of 25.2738, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 25.7532 was down 4.24% compared to the 2013 peak of 26.8929, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
HNL to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.2981, compared to 24.1917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1064 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 1.9619 XAF (High: 25.2290 / Low: 23.2671). On the other end, February was the most stable month, with a tight range of 0.2257 XAF (High: 24.4688 / Low: 24.2431).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.7231 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 25.2738) against the same month in 2013 (average: 23.4602), the exchange rate shifted by +1.8136 (+7.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.3858 | 23.5299 | 24.0225 |
| February | 24.4688 | 24.2431 | 24.3476 |
| March | 24.8638 | 24.3080 | 24.5544 |
| April | 24.9323 | 24.6921 | 24.8124 |
| May | 25.2290 | 23.2671 | 24.8875 |
| June | 23.3338 | 22.9060 | 23.1643 |
| July | 23.4331 | 22.9095 | 23.1284 |
| August | 23.6676 | 23.2881 | 23.4630 |
| September | 24.6021 | 23.6987 | 24.1215 |
| October | 24.7409 | 24.1201 | 24.3872 |
| November | 24.9168 | 24.5671 | 24.7761 |
| December | 25.7532 | 24.8312 | 25.2738 |