YEARLY HIGH
30.5467 YER
YEARLY LOW
29.4652 YER
YEARLY AVERAGE
29.9980 YER

2023 SBD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 30.5467. Conversely, the yearly low was recorded on October 25, dropping to 29.4652.

This high-to-low spread represents a total annual volatility of 1.0816 YER. From a start-to-finish perspective, comparing the January average rate of 30.2895 to the December average rate of 29.5867, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.5467 was down 2.43% compared to the 2022 peak of 31.3060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,734 YER
2022 Average 153,775 YER
Yearly Trough Low 147,326 YER
Transaction Impact: A difference of 5,407.93 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.4986
29.5038
JanuMarcMayJulySeptNove

SBD 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 30.2325, compared to 29.7635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4690 points.

H1 Avg (Jan–Jun) 30.2325
H2 Avg (Jul–Dec) 29.7635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5727 YER (High: 30.0513 / Low: 29.4786). On the other end, August was the most stable month, with a tight range of 0.1230 YER (High: 29.9812 / Low: 29.8583).

July Spread (Volatile) ±0.5727
August Spread (Stable) ±0.1230

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 March and April, when the average rate fell by 0.2267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 30.4049) against the same month in 2022 (average: 30.9390), the exchange rate shifted by -0.5341 (-1.73%).

2023 Avg (February) 30.4049
2022 Avg (February) 30.9390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.4830 30.1591 30.2895
February 30.5467 30.2816 30.4049
March 30.5345 30.2780 30.4157
April 30.4109 30.0360 30.1890
May 30.1651 30.0089 30.0637
June 30.0900 29.9648 30.0323
July 30.0513 29.4786 29.9234
August 29.9812 29.8583 29.9101
September 29.9121 29.6251 29.8035
October 29.8680 29.4652 29.6849
November 29.8978 29.4716 29.6722
December 29.7368 29.4862 29.5867