2023 BND to YER Historical Review

YEARLY HIGH

191.6986 YER

YEARLY LOW

182.0490 YER

YEARLY AVERAGE

186.4793 YER

2023 BND to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 191.6986. Conversely, the yearly low was recorded on October 3, dropping to 182.0490.

This high-to-low spread represents a total annual volatility of 9.6496 YER. From a start-to-finish perspective, comparing the January average rate of 188.6617 to the December average rate of 187.8203, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 191.6986 was up 2.77% compared to the 2022 peak of 186.5305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 958,493 YER

2022 Average 907,829 YER

Yearly Trough Low 910,245 YER

Transaction Impact: A difference of 48,248.04 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

189.2377

182.3256

JanuMarcMayJulySeptNove

BND to YER 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 187.4449, compared to 185.5138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9311 points.

H1 Avg (Jan–Jun) 187.4449

H2 Avg (Jul–Dec) 185.5138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 6.1262 YER (High: 191.6986 / Low: 185.5724). On the other end, October was the most stable month, with a tight range of 2.0099 YER (High: 184.0589 / Low: 182.0490).

February Spread (Volatile) ±6.1262

October Spread (Stable) ±2.0099

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.2450 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.2450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 187.9715) against the same month in 2022 (average: 185.8704), the exchange rate shifted by +2.1011 (+1.13%).

2023 Avg (February) 187.9715

2022 Avg (February) 185.8704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	190.8201	185.5026	188.6617
February	191.6986	185.5724	187.9715
March	189.0136	184.8401	186.8324
April	189.7399	187.2152	188.2007
May	189.0218	184.8028	186.9753
June	187.4673	184.3544	186.0275
July	190.0562	184.3544	187.5911
August	187.7114	184.2776	185.3461
September	185.3296	182.4408	183.7604
October	184.0589	182.0490	182.9016
November	187.9695	182.6328	185.6632
December	189.6602	186.2489	187.8203