2015 MDL to HNL Historical Review

YEARLY HIGH

1.3487 HNL

YEARLY LOW

1.0822 HNL

YEARLY AVERAGE

1.1589 HNL

2015 MDL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MDL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.3487. Conversely, the yearly low was recorded on September 26, dropping to 1.0822.

This high-to-low spread represents a total annual volatility of 0.2665 HNL. From a start-to-finish perspective, comparing the January average rate of 1.2676 to the December average rate of 1.1097, the exchange rate registered a net change of -12.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.3487 was down 13.30% compared to the 2014 peak of 1.5555, 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 6,743 HNL

2014 Average 7,290 HNL

Yearly Trough Low 5,411 HNL

Transaction Impact: A difference of 1,332.45 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2844

1.0832

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 1.1960, compared to 1.1219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0741 points.

H1 Avg (Jan–Jun) 1.1960

H2 Avg (Jul–Dec) 1.1219

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1744 HNL (High: 1.3487 / Low: 1.1743). On the other end, November was the most stable month, with a tight range of 0.0207 HNL (High: 1.1090 / Low: 1.0882).

January Spread (Volatile) ±0.1744

November Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.1288 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.2676) against the same month in 2014 (average: 1.5222), the exchange rate shifted by -0.2545 (-16.72%).

2015 Avg (January) 1.2676

2014 Avg (January) 1.5222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3487	1.1743	1.2676
February	1.1746	1.1163	1.1388
March	1.1957	1.1418	1.1649
April	1.2311	1.1619	1.1978
May	1.2444	1.2092	1.2256
June	1.2121	1.1368	1.1812
July	1.1689	1.1412	1.1527
August	1.1705	1.1424	1.1540
September	1.1375	1.0822	1.1109
October	1.1210	1.0884	1.1040
November	1.1090	1.0882	1.0999
December	1.1315	1.0993	1.1097