YEARLY HIGH
0.5805 YER
YEARLY LOW
0.5216 YER
YEARLY AVERAGE
0.5487 YER

2023 KZT to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.5805. Conversely, the yearly low was recorded on September 27, dropping to 0.5216.

This high-to-low spread represents a total annual volatility of 0.0588 YER. From a start-to-finish perspective, comparing the January average rate of 0.5412 to the December average rate of 0.5450, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5805 was down 3.67% compared to the 2022 peak of 0.6026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,902 YER
2022 Average 2,716 YER
Yearly Trough Low 2,608 YER
Transaction Impact: A difference of 294.24 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5661
0.5218
JanuMarcMayJulySeptNove

KZT 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 0.5540, compared to 0.5434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.5540
H2 Avg (Jul–Dec) 0.5434

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0419 YER (High: 0.5805 / Low: 0.5386). On the other end, December was the most stable month, with a tight range of 0.0073 YER (High: 0.5487 / Low: 0.5415).

March Spread (Volatile) ±0.0419
December Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and March, 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 0.0182 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5550) against the same month in 2022 (average: 0.4970), the exchange rate shifted by +0.0580 (+11.67%).

2023 Avg (March) 0.5550
2022 Avg (March) 0.4970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5447 0.5374 0.5412
February 0.5630 0.5413 0.5545
March 0.5805 0.5386 0.5550
April 0.5652 0.5469 0.5544
May 0.5662 0.5550 0.5612
June 0.5637 0.5509 0.5580
July 0.5660 0.5544 0.5624
August 0.5657 0.5379 0.5525
September 0.5469 0.5216 0.5343
October 0.5336 0.5217 0.5255
November 0.5473 0.5327 0.5405
December 0.5487 0.5415 0.5450