2014 MVR to HNL Historical Review

YEARLY HIGH

1.3918 HNL

YEARLY LOW

1.2326 HNL

YEARLY AVERAGE

1.3266 HNL

2014 MVR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MVR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.3918. Conversely, the yearly low was recorded on May 28, dropping to 1.2326.

This high-to-low spread represents a total annual volatility of 0.1591 HNL. From a start-to-finish perspective, comparing the January average rate of 1.3028 to the December average rate of 1.3798, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3918 was up 4.17% compared to the 2013 peak of 1.3361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,959 HNL

2013 Average 6,529 HNL

Yearly Trough Low 6,163 HNL

Transaction Impact: A difference of 795.75 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3994

1.2294

JanuMarcMayJulySeptNove

MVR 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 1.2798, compared to 1.3734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0937 points.

H1 Avg (Jan–Jun) 1.2798

H2 Avg (Jul–Dec) 1.3734

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.1057 HNL (High: 1.3383 / Low: 1.2326). On the other end, July was the most stable month, with a tight range of 0.0088 HNL (High: 1.3653 / Low: 1.3566).

May Spread (Volatile) ±0.1057

July Spread (Stable) ±0.0088

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 0.0266 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.3852) against the same month in 2013 (average: 1.3296), the exchange rate shifted by +0.0556 (+4.18%).

2014 Avg (November) 1.3852

2013 Avg (November) 1.3296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3180	1.2918	1.3028
February	1.2926	1.2685	1.2817
March	1.2698	1.2442	1.2551
April	1.2499	1.2386	1.2435
May	1.3383	1.2326	1.2462
June	1.3620	1.3329	1.3493
July	1.3653	1.3566	1.3603
August	1.3755	1.3542	1.3652
September	1.3775	1.3657	1.3715
October	1.3855	1.3683	1.3787
November	1.3918	1.3769	1.3852
December	1.3890	1.3724	1.3798