IPA: /ˈjɛstərˌjɪr/
KK: /ˈjɛstərˌjɪr/
The year that came before the current one, often referring to a time in the past.
Many people enjoy reminiscing about the events of yesteryear.
Yesteryear is formed from "yester" (from Old English *gēostran*, meaning last or previous) and "year" (from Old English *gēar*, meaning a period of twelve months). The word refers to the year that has just passed or the time in the past.
Think of 'yester' meaning last or previous, combined with 'year' to remember that yesteryear refers to the year that has just gone by.
No commonly confused words.