YEARLY HIGH
36.7374 YER
YEARLY LOW
35.8814 YER
YEARLY AVERAGE
36.2380 YER

2023 BOB to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 36.7374. Conversely, the yearly low was recorded on February 5, dropping to 35.8814.

This high-to-low spread represents a total annual volatility of 0.8559 YER. From a start-to-finish perspective, comparing the January average rate of 36.2264 to the December average rate of 36.1717, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.7374 was up 0.18% compared to the 2022 peak of 36.6700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,687 YER
2022 Average 181,539 YER
Yearly Trough Low 179,407 YER
Transaction Impact: A difference of 4,279.73 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.2843
36.1615
JanuMarcMayJulySeptNove

BOB 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 36.2393, compared to 36.2367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 36.2393
H2 Avg (Jul–Dec) 36.2367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.6316 YER (High: 36.7374 / Low: 36.1057). On the other end, January was the most stable month, with a tight range of 0.1610 YER (High: 36.3451 / Low: 36.1841).

March Spread (Volatile) ±0.6316
January Spread (Stable) ±0.1610

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0983 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 36.2741) against the same month in 2022 (average: 36.3810), the exchange rate shifted by -0.1069 (-0.29%).

2023 Avg (March) 36.2741
2022 Avg (March) 36.3810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.3451 36.1841 36.2264
February 36.4353 35.8814 36.2244
March 36.7374 36.1057 36.2741
April 36.4810 36.0681 36.2351
May 36.3416 36.1603 36.2417
June 36.4541 36.0938 36.2344
July 36.5689 36.0703 36.2610
August 36.4872 36.0746 36.2251
September 36.3566 36.1596 36.2374
October 36.3979 36.1596 36.2547
November 36.5299 36.1972 36.2700
December 36.2490 36.0312 36.1717