YEARLY HIGH
0.1235 YER
YEARLY LOW
0.0894 YER
YEARLY AVERAGE
0.1082 YER

2023 CDF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1235. Conversely, the yearly low was recorded on December 21, dropping to 0.0894.

This high-to-low spread represents a total annual volatility of 0.0341 YER. From a start-to-finish perspective, comparing the January average rate of 0.1222 to the December average rate of 0.0919, the exchange rate registered a net change of -24.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1235 was down 1.72% compared to the 2022 peak of 0.1257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 618 YER
2022 Average 620 YER
Yearly Trough Low 447 YER
Transaction Impact: A difference of 170.42 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1252
0.0889
JanuMarcMayJulySeptNove

CDF 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 0.1176, compared to 0.0989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.1176
H2 Avg (Jul–Dec) 0.0989

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0154 YER (High: 0.1226 / Low: 0.1072). On the other end, September was the most stable month, with a tight range of 0.0018 YER (High: 0.1019 / Low: 0.1000).

May Spread (Volatile) ±0.0154
September Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0087 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1222) against the same month in 2022 (average: 0.1248), the exchange rate shifted by -0.0026 (-2.09%).

2023 Avg (January) 0.1222
2022 Avg (January) 0.1248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1235 0.1209 0.1222
February 0.1224 0.1203 0.1214
March 0.1224 0.1199 0.1210
April 0.1224 0.1146 0.1203
May 0.1226 0.1072 0.1148
June 0.1077 0.1039 0.1061
July 0.1039 0.0982 0.1014
August 0.1026 0.1005 0.1011
September 0.1019 0.1000 0.1008
October 0.1013 0.0964 0.0994
November 0.1017 0.0919 0.0985
December 0.0939 0.0894 0.0919