2023 SVC to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 29.0115. Conversely, the yearly low was recorded on February 5, dropping to 28.3363.
This high-to-low spread represents a total annual volatility of 0.6752 YER. From a start-to-finish perspective, comparing the January average rate of 28.6080 to the December average rate of 28.5678, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 29.0115 was up 0.19% compared to the 2022 peak of 28.9565, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC to YER Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.6237, compared to 28.6184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.4390 YER (High: 28.7753 / Low: 28.3363). On the other end, January was the most stable month, with a tight range of 0.1245 YER (High: 28.7008 / Low: 28.5762).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 28.6497) against the same month in 2022 (average: 28.5976), the exchange rate shifted by +0.0521 (+0.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.7008 | 28.5762 | 28.6080 |
| February | 28.7753 | 28.3363 | 28.6072 |
| March | 29.0115 | 28.5743 | 28.6497 |
| April | 28.9930 | 28.5658 | 28.6404 |
| May | 28.7016 | 28.5567 | 28.6220 |
| June | 28.7906 | 28.5042 | 28.6150 |
| July | 28.8777 | 28.5647 | 28.6426 |
| August | 28.7970 | 28.4914 | 28.6078 |
| September | 28.7110 | 28.5561 | 28.6170 |
| October | 28.7448 | 28.5561 | 28.6310 |
| November | 28.8483 | 28.5882 | 28.6439 |
| December | 28.6222 | 28.4547 | 28.5678 |