2014 LSL to HNL Historical Review

YEARLY HIGH

1.9962 HNL

YEARLY LOW

1.7689 HNL

YEARLY AVERAGE

1.8822 HNL

2014 LSL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LSL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.9962. Conversely, the yearly low was recorded on March 20, dropping to 1.7689.

This high-to-low spread represents a total annual volatility of 0.2273 HNL. From a start-to-finish perspective, comparing the January average rate of 1.8481 to the December average rate of 1.8348, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.9962 was down 15.02% compared to the 2013 peak of 2.3490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LSL based on timing:

Yearly Peak High 9,981 HNL

2013 Average 10,435 HNL

Yearly Trough Low 8,844 HNL

Transaction Impact: A difference of 1,136.70 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.9874

1.7816

JanuMarcMayJulySeptNove

LSL to HNL 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 1.8435, compared to 1.9210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 1.8435

H2 Avg (Jul–Dec) 1.9210

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1534 HNL (High: 1.9288 / Low: 1.7754). On the other end, April was the most stable month, with a tight range of 0.0445 HNL (High: 1.8376 / Low: 1.7932).

January Spread (Volatile) ±0.1534

April Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0801 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 1.9667) against the same month in 2013 (average: 2.0454), the exchange rate shifted by -0.0787 (-3.85%).

2014 Avg (July) 1.9667

2013 Avg (July) 2.0454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9288	1.7754	1.8481
February	1.8246	1.7762	1.7988
March	1.8305	1.7689	1.8002
April	1.8376	1.7932	1.8155
May	1.9675	1.8148	1.8450
June	1.9770	1.9244	1.9534
July	1.9962	1.9456	1.9667
August	1.9910	1.9456	1.9702
September	1.9792	1.8741	1.9228
October	1.9521	1.8636	1.9163
November	1.9406	1.8851	1.9149
December	1.9250	1.8032	1.8348