2023 CAD to YER Historical Review

YEARLY HIGH

190.9181 YER

YEARLY LOW

180.2934 YER

YEARLY AVERAGE

185.4416 YER

2023 CAD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 190.9181. Conversely, the yearly low was recorded on October 31, dropping to 180.2934.

This high-to-low spread represents a total annual volatility of 10.6247 YER. From a start-to-finish perspective, comparing the January average rate of 186.5361 to the December average rate of 186.6036, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 190.9181 was down 4.82% compared to the 2022 peak of 200.5931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 954,591 YER

2022 Average 961,974 YER

Yearly Trough Low 901,467 YER

Transaction Impact: A difference of 53,123.47 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

189.8755

181.8912

JanuMarcMayJulySeptNove

CAD 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 185.6530, compared to 185.2301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4230 points.

H1 Avg (Jan–Jun) 185.6530

H2 Avg (Jul–Dec) 185.2301

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 5.5695 YER (High: 189.6820 / Low: 184.1125). On the other end, September was the most stable month, with a tight range of 3.2289 YER (High: 186.2445 / Low: 183.0156).

December Spread (Volatile) ±5.5695

September Spread (Stable) ±3.2289

Growth Streaks & Declines

Trends

Between May and July, 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 3.5804 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.5804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 189.2102) against the same month in 2022 (average: 193.5984), the exchange rate shifted by -4.3882 (-2.27%).

2023 Avg (July) 189.2102

2022 Avg (July) 193.5984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	188.1847	183.0528	186.5361
February	188.6355	183.4597	186.0269
March	185.1272	180.6342	182.7036
April	187.5884	183.0244	185.2100
May	187.2109	183.2925	185.0387
June	190.4177	186.1096	188.4029
July	190.9181	187.3148	189.2102
August	188.6373	183.9388	185.6298
September	186.2445	183.0156	184.7516
October	184.4723	180.2934	182.5566
November	184.6515	180.9180	182.6287
December	189.6820	184.1125	186.6036