YEARLY HIGH
281.4819 YER
YEARLY LOW
262.1564 YER
YEARLY AVERAGE
270.9226 YER

2023 EUR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 281.4819. Conversely, the yearly low was recorded on October 3, dropping to 262.1564.

This high-to-low spread represents a total annual volatility of 19.3255 YER. From a start-to-finish perspective, comparing the January average rate of 270.0515 to the December average rate of 273.3342, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 281.4819 was down 1.82% compared to the 2022 peak of 286.6973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,407,409 YER
2022 Average 1,318,615 YER
Yearly Trough Low 1,310,782 YER
Transaction Impact: A difference of 96,627.33 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

278.0536
263.2683
JanuMarcMayJulySeptNove

EUR 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 270.8524, compared to 270.9929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1405 points.

H1 Avg (Jan–Jun) 270.8524
H2 Avg (Jul–Dec) 270.9929

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 12.9186 YER (High: 280.6582 / Low: 267.7397). On the other end, October was the most stable month, with a tight range of 4.9566 YER (High: 267.1130 / Low: 262.1564).

May Spread (Volatile) ±12.9186
October Spread (Stable) ±4.9566

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 5.7602 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.7602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 276.8215) against the same month in 2022 (average: 255.1697), the exchange rate shifted by +21.6518 (+8.49%).

2023 Avg (July) 276.8215
2022 Avg (July) 255.1697

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 273.4219 263.3212 270.0515
February 275.7594 264.2052 267.9251
March 272.9928 264.0452 268.2049
April 278.5772 270.4908 275.0947
May 280.6582 267.7397 272.3632
June 275.1215 267.7955 271.4749
July 281.4819 271.7589 276.8215
August 276.0341 270.2030 273.0894
September 270.0123 263.0004 267.3292
October 267.1130 262.1564 264.5005
November 275.4630 264.9749 270.8825
December 278.0446 269.4810 273.3342