2023 BBD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BBD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BBD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 125.2125. Conversely, the yearly low was recorded on December 25, dropping to 124.9000.
This high-to-low spread represents a total annual volatility of 0.3125 YER. From a start-to-finish perspective, comparing the January average rate of 125.1633 to the December average rate of 125.1140, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 125.2125 was up 0.01% compared to the 2022 peak of 125.2000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BBD to YER Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 125.1642, compared to 125.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 0.2876 YER (High: 125.1875 / Low: 124.9000). On the other end, June was the most stable month, with a tight range of 0.0250 YER (High: 125.1750 / Low: 125.1500).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 125.1704) against the same month in 2022 (average: 125.1446), the exchange rate shifted by +0.0258 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.2000 | 125.1235 | 125.1633 |
| February | 125.2000 | 125.0624 | 125.1696 |
| March | 125.1750 | 125.1235 | 125.1518 |
| April | 125.2000 | 125.1375 | 125.1679 |
| May | 125.1750 | 125.1250 | 125.1633 |
| June | 125.1750 | 125.1500 | 125.1692 |
| July | 125.1750 | 125.0990 | 125.1617 |
| August | 125.1750 | 125.1095 | 125.1544 |
| September | 125.2125 | 125.1060 | 125.1704 |
| October | 125.2000 | 125.1125 | 125.1686 |
| November | 125.2000 | 125.1500 | 125.1647 |
| December | 125.1875 | 124.9000 | 125.1140 |