YEARLY HIGH
83.9452 SLL
YEARLY LOW
70.5471 SLL
YEARLY AVERAGE
76.2124 SLL

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.

Transfer Payout Power Comparison

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

Yearly Peak High 419,726 SLL
2022 Average 274,261 SLL
Yearly Trough Low 352,736 SLL
Transaction Impact: A difference of 66,990.31 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

85.1254
69.2405
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 70.5673
H2 Avg (Jul–Dec) 81.8574

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±13.2162
June Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 83.8017
2022 Avg (December) 70.5735

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