2023 YER to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 YER to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the YER to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 83.9452. Conversely, the yearly low was recorded on February 1, dropping to 70.5471.
This high-to-low spread represents a total annual volatility of 13.3981 SLL. From a start-to-finish perspective, comparing the January average rate of 70.5678 to the December average rate of 83.8017, the exchange rate registered a net change of 18.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 83.9452 was up 18.86% compared to the 2022 peak of 70.6247, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 YER based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
YER to SLL 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 70.5673, compared to 81.8574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.2901 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 13.2162 SLL (High: 83.7774 / Low: 70.5612). On the other end, June was the most stable month, with a tight range of 0.0141 SLL (High: 70.5753 / Low: 70.5612).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 0.0107 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 83.8017) against the same month in 2022 (average: 70.5735), the exchange rate shifted by +13.2281 (+18.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.5903 | 70.5471 | 70.5678 |
| February | 70.6247 | 70.5471 | 70.5643 |
| March | 70.5903 | 70.5612 | 70.5743 |
| April | 70.5824 | 70.5471 | 70.5652 |
| May | 70.5894 | 70.5612 | 70.5678 |
| June | 70.5753 | 70.5612 | 70.5645 |
| July | 83.7774 | 70.5612 | 72.2720 |
| August | 83.8046 | 83.7607 | 83.7745 |
| September | 83.8069 | 83.7357 | 83.7638 |
| October | 83.8026 | 83.7440 | 83.7650 |
| November | 83.7775 | 83.7440 | 83.7676 |
| December | 83.9452 | 83.7524 | 83.8017 |