2014 PHP to HNL Historical Review

YEARLY HIGH

0.4861 HNL

YEARLY LOW

0.4249 HNL

YEARLY AVERAGE

0.4598 HNL

2014 PHP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PHP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.4861. Conversely, the yearly low was recorded on March 22, dropping to 0.4249.

This high-to-low spread represents a total annual volatility of 0.0612 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4461 to the December average rate of 0.4721, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4861 was down 1.36% compared to the 2013 peak of 0.4928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 121,524 HNL

2013 Average 118,326 HNL

Yearly Trough Low 106,226 HNL

Transaction Impact: A difference of 15,298.53 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4871

0.4242

JanuMarcMayJulySeptNove

PHP 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 0.4434, compared to 0.4763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 0.4434

H2 Avg (Jul–Dec) 0.4763

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0437 HNL (High: 0.4721 / Low: 0.4284). On the other end, November was the most stable month, with a tight range of 0.0039 HNL (High: 0.4743 / Low: 0.4704).

May Spread (Volatile) ±0.0437

November Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, 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 (September 2014: 0.4776) against the same month in 2013 (average: 0.4659), the exchange rate shifted by +0.0117 (+2.51%).

2014 Avg (September) 0.4776

2013 Avg (September) 0.4659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4566	0.4393	0.4461
February	0.4438	0.4380	0.4401
March	0.4386	0.4249	0.4318
April	0.4316	0.4270	0.4294
May	0.4721	0.4284	0.4375
June	0.4800	0.4712	0.4756
July	0.4843	0.4783	0.4819
August	0.4842	0.4750	0.4797
September	0.4861	0.4694	0.4776
October	0.4762	0.4702	0.4739
November	0.4743	0.4704	0.4724
December	0.4749	0.4695	0.4721