YEARLY HIGH
0.0060 YER
YEARLY LOW
0.0059 YER
YEARLY AVERAGE
0.0059 YER

2023 IRR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0060. Conversely, the yearly low was recorded on December 25, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0001 YER. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0059, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0060 was down 0.69% compared to the 2022 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 YER
2022 Average 30 YER
Yearly Trough Low 30 YER
Transaction Impact: A difference of 0.52 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0060
0.0059
JanuMarcMayJulySeptNove

IRR 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 0.0059, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 YER (High: 0.0060 / Low: 0.0059). On the other end, April was the most stable month, with a tight range of 0.0000 YER (High: 0.0059 / Low: 0.0059).

February Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0059) against the same month in 2022 (average: 0.0059), the exchange rate shifted by +0.0000 (+0.13%).

2023 Avg (February) 0.0059
2022 Avg (February) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0060 0.0059 0.0060
February 0.0060 0.0059 0.0059
March 0.0060 0.0059 0.0059
April 0.0059 0.0059 0.0059
May 0.0059 0.0059 0.0059
June 0.0059 0.0059 0.0059
July 0.0060 0.0059 0.0059
August 0.0059 0.0059 0.0059
September 0.0059 0.0059 0.0059
October 0.0059 0.0059 0.0059
November 0.0059 0.0059 0.0059
December 0.0060 0.0059 0.0059