2011 MDL to HNL Historical Review

YEARLY HIGH

1.6788 HNL

YEARLY LOW

1.5227 HNL

YEARLY AVERAGE

1.6154 HNL

2011 MDL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MDL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.6788. Conversely, the yearly low was recorded on January 13, dropping to 1.5227.

This high-to-low spread represents a total annual volatility of 0.1561 HNL. From a start-to-finish perspective, comparing the January average rate of 1.5541 to the December average rate of 1.6134, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6788 was up 1.82% compared to the 2010 peak of 1.6488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,394 HNL

2010 Average 7,652 HNL

Yearly Trough Low 7,614 HNL

Transaction Impact: A difference of 780.53 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6670

1.5438

JanuMarcMayJulySeptNove

MDL 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 1.6018, compared to 1.6290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 1.6018

H2 Avg (Jul–Dec) 1.6290

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0866 HNL (High: 1.6706 / Low: 1.5840). On the other end, March was the most stable month, with a tight range of 0.0226 HNL (High: 1.5947 / Low: 1.5721).

September Spread (Volatile) ±0.0866

March Spread (Stable) ±0.0226

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0314 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.6567) against the same month in 2010 (average: 1.5589), the exchange rate shifted by +0.0978 (+6.27%).

2011 Avg (August) 1.6567

2010 Avg (August) 1.5589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5899	1.5227	1.5541
February	1.5879	1.5647	1.5776
March	1.5947	1.5721	1.5827
April	1.6529	1.5864	1.6257
May	1.6669	1.5953	1.6328
June	1.6707	1.6066	1.6382
July	1.6654	1.6256	1.6441
August	1.6788	1.6399	1.6567
September	1.6706	1.5840	1.6254
October	1.6578	1.5763	1.6188
November	1.6382	1.5888	1.6155
December	1.6315	1.6007	1.6134