YEARLY HIGH
0.0807 NAD
YEARLY LOW
0.0672 NAD
YEARLY AVERAGE
0.0739 NAD

2023 YER to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0807. Conversely, the yearly low was recorded on January 12, dropping to 0.0672.

This high-to-low spread represents a total annual volatility of 0.0135 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0682 to the December average rate of 0.0747, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0807 was up 9.56% compared to the 2022 peak of 0.0736, 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 403 NAD
2022 Average 326 NAD
Yearly Trough Low 336 NAD
Transaction Impact: A difference of 67.54 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0778
0.0674
JanuMarcMayJulySeptNove

YER to NAD 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 0.0727, compared to 0.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0727
H2 Avg (Jul–Dec) 0.0751

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0073 NAD (High: 0.0800 / Low: 0.0727). On the other end, January was the most stable month, with a tight range of 0.0018 NAD (High: 0.0690 / Low: 0.0672).

November Spread (Volatile) ±0.0073
January Spread (Stable) ±0.0018

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 October and November, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0769) against the same month in 2022 (average: 0.0723), the exchange rate shifted by +0.0046 (+6.34%).

2023 Avg (October) 0.0769
2022 Avg (October) 0.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0690 0.0672 0.0682
February 0.0736 0.0681 0.0714
March 0.0743 0.0714 0.0730
April 0.0740 0.0708 0.0726
May 0.0788 0.0730 0.0762
June 0.0788 0.0726 0.0748
July 0.0753 0.0704 0.0729
August 0.0792 0.0730 0.0753
September 0.0768 0.0749 0.0758
October 0.0807 0.0750 0.0769
November 0.0800 0.0727 0.0749
December 0.0763 0.0730 0.0747