2014 MRO to HNL Historical Review

YEARLY HIGH

0.0734 HNL

YEARLY LOW

0.0643 HNL

YEARLY AVERAGE

0.0699 HNL

2014 MRO to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.0734. Conversely, the yearly low was recorded on April 13, dropping to 0.0643.

This high-to-low spread represents a total annual volatility of 0.0091 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0690 to the December average rate of 0.0725, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0734 was up 0.12% compared to the 2013 peak of 0.0733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367 HNL

2013 Average 342 HNL

Yearly Trough Low 322 HNL

Transaction Impact: A difference of 45.28 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0735

0.0641

JanuMarcMayJulySeptNove

MRO 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 0.0674, compared to 0.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0674

H2 Avg (Jul–Dec) 0.0723

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0063 HNL (High: 0.0708 / Low: 0.0645). On the other end, September was the most stable month, with a tight range of 0.0006 HNL (High: 0.0726 / Low: 0.0720).

May Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and November, 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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0725) against the same month in 2013 (average: 0.0700), the exchange rate shifted by +0.0025 (+3.56%).

2014 Avg (December) 0.0725

2013 Avg (December) 0.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0697	0.0683	0.0690
February	0.0686	0.0672	0.0679
March	0.0672	0.0645	0.0661
April	0.0658	0.0643	0.0649
May	0.0708	0.0645	0.0654
June	0.0720	0.0705	0.0713
July	0.0721	0.0714	0.0718
August	0.0725	0.0716	0.0719
September	0.0726	0.0720	0.0724
October	0.0734	0.0722	0.0727
November	0.0731	0.0721	0.0727
December	0.0734	0.0719	0.0725