YEARLY HIGH
125.9385 YER
YEARLY LOW
123.0050 YER
YEARLY AVERAGE
124.2510 YER

2023 BZD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 125.9385. Conversely, the yearly low was recorded on February 5, dropping to 123.0050.

This high-to-low spread represents a total annual volatility of 2.9336 YER. From a start-to-finish perspective, comparing the January average rate of 124.1874 to the December average rate of 124.0109, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 125.9385 was up 0.19% compared to the 2022 peak of 125.6957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 629,693 YER
2022 Average 620,825 YER
Yearly Trough Low 615,025 YER
Transaction Impact: A difference of 14,667.75 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

124.5363
123.9632
JanuMarcMayJulySeptNove

BZD 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 124.2736, compared to 124.2285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 124.2736
H2 Avg (Jul–Dec) 124.2285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.9006 YER (High: 124.9056 / Low: 123.0050). On the other end, January was the most stable month, with a tight range of 0.5505 YER (High: 124.5930 / Low: 124.0425).

February Spread (Volatile) ±1.9006
January Spread (Stable) ±0.5505

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 0.3269 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 124.4885) against the same month in 2022 (average: 124.1850), the exchange rate shifted by +0.3035 (+0.24%).

2023 Avg (March) 124.4885
2022 Avg (March) 124.1850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 124.5930 124.0425 124.1874
February 124.9056 123.0050 124.1810
March 125.9385 124.0390 124.4885
April 125.8591 124.0073 124.3200
May 124.5885 123.9682 124.2493
June 124.9693 123.7274 124.2151
July 125.3596 124.0014 124.3351
August 124.9991 123.6729 124.1803
September 124.6312 123.9589 124.2235
October 124.7763 123.9589 124.2831
November 125.2275 124.0954 124.3379
December 124.2602 123.5162 124.0109