YEARLY HIGH
0.0055 CAD
YEARLY LOW
0.0052 CAD
YEARLY AVERAGE
0.0054 CAD

2023 YER to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0055. Conversely, the yearly low was recorded on July 13, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0003 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0054, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0055 was down 0.02% compared to the 2022 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 CAD
2022 Average 26 CAD
Yearly Trough Low 26 CAD
Transaction Impact: A difference of 1.54 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0055
0.0053
JanuMarcMayJulySeptNove

YER to CAD 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 0.0054, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0002 CAD (High: 0.0054 / Low: 0.0053). On the other end, September was the most stable month, with a tight range of 0.0001 CAD (High: 0.0055 / Low: 0.0054).

December Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0055) against the same month in 2022 (average: 0.0055), the exchange rate shifted by +0.0000 (+0.03%).

2023 Avg (October) 0.0055
2022 Avg (October) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0053 0.0054
February 0.0055 0.0053 0.0054
March 0.0055 0.0054 0.0055
April 0.0055 0.0053 0.0054
May 0.0055 0.0053 0.0054
June 0.0054 0.0053 0.0053
July 0.0053 0.0052 0.0053
August 0.0054 0.0053 0.0054
September 0.0055 0.0054 0.0054
October 0.0055 0.0054 0.0055
November 0.0055 0.0054 0.0055
December 0.0054 0.0053 0.0054