YEARLY HIGH
10.0582 SYP
YEARLY LOW
10.0331 SYP
YEARLY AVERAGE
10.0373 SYP

2023 YER to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 10.0582. Conversely, the yearly low was recorded on September 7, dropping to 10.0331.

This high-to-low spread represents a total annual volatility of 0.0251 SYP. From a start-to-finish perspective, comparing the January average rate of 10.0370 to the December average rate of 10.0410, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0582 was up 0.13% compared to the 2022 peak of 10.0451, 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 50,291 SYP
2022 Average 50,196 SYP
Yearly Trough Low 50,165 SYP
Transaction Impact: A difference of 125.52 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0414
10.0360
JanuMarcMayJulySeptNove

YER to SYP 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 10.0369, compared to 10.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 10.0369
H2 Avg (Jul–Dec) 10.0376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0231 SYP (High: 10.0582 / Low: 10.0351). On the other end, June was the most stable month, with a tight range of 0.0020 SYP (High: 10.0381 / Low: 10.0361).

December Spread (Volatile) ±0.0231
June Spread (Stable) ±0.0020

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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.0410) against the same month in 2022 (average: 10.0378), the exchange rate shifted by +0.0032 (+0.03%).

2023 Avg (December) 10.0410
2022 Avg (December) 10.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0402 10.0341 10.0370
February 10.0451 10.0341 10.0365
March 10.0402 10.0361 10.0379
April 10.0391 10.0341 10.0366
May 10.0401 10.0361 10.0370
June 10.0381 10.0361 10.0365
July 10.0422 10.0361 10.0371
August 10.0413 10.0361 10.0377
September 10.0416 10.0331 10.0364
October 10.0411 10.0341 10.0366
November 10.0381 10.0341 10.0369
December 10.0582 10.0351 10.0410