2016 MDL to HNL Historical Review

YEARLY HIGH

1.1749 HNL

YEARLY LOW

1.0863 HNL

YEARLY AVERAGE

1.1449 HNL

2016 MDL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MDL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.1749. Conversely, the yearly low was recorded on January 13, dropping to 1.0863.

This high-to-low spread represents a total annual volatility of 0.0886 HNL. From a start-to-finish perspective, comparing the January average rate of 1.1037 to the December average rate of 1.1593, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1749 was down 12.89% compared to the 2015 peak of 1.3487, 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 5,874 HNL

2015 Average 5,796 HNL

Yearly Trough Low 5,431 HNL

Transaction Impact: A difference of 442.82 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1648

1.0981

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 1.1350, compared to 1.1547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 1.1350

H2 Avg (Jul–Dec) 1.1547

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0452 HNL (High: 1.1315 / Low: 1.0863). On the other end, August was the most stable month, with a tight range of 0.0070 HNL (High: 1.1620 / Low: 1.1549).

January Spread (Volatile) ±0.0452

August Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and April, 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 0.0084 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1593) against the same month in 2015 (average: 1.1097), the exchange rate shifted by +0.0495 (+4.47%).

2016 Avg (December) 1.1593

2015 Avg (December) 1.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1315	1.0863	1.1037
February	1.1348	1.1067	1.1245
March	1.1579	1.1299	1.1438
April	1.1584	1.1427	1.1492
May	1.1484	1.1290	1.1408
June	1.1560	1.1385	1.1481
July	1.1564	1.1478	1.1521
August	1.1620	1.1549	1.1593
September	1.1608	1.1535	1.1577
October	1.1631	1.1355	1.1511
November	1.1622	1.1368	1.1488
December	1.1749	1.1465	1.1593