diff --git a/lib/Recur/RRuleIterator.php b/lib/Recur/RRuleIterator.php
index da788a12..4f0e9070 100644
--- a/lib/Recur/RRuleIterator.php
+++ b/lib/Recur/RRuleIterator.php
@@ -602,11 +602,12 @@ protected function nextYearly()
                     // loop through all YearDay and Days to check all the combinations
                     foreach ($this->byYearDay as $byYearDay) {
                         $date = clone $this->currentDate;
-                        $date = $date->setDate($currentYear, 1, 1);
                         if ($byYearDay > 0) {
-                            $date = $date->add(new \DateInterval('P'.$byYearDay.'D'));
+                            $date = $date->setDate($currentYear, 1, 1);
+                            $date = $date->add(new \DateInterval('P'.($byYearDay - 1).'D'));
                         } else {
-                            $date = $date->sub(new \DateInterval('P'.abs($byYearDay).'D'));
+                            $date = $date->setDate($currentYear, 12, 31);
+                            $date = $date->sub(new \DateInterval('P'.abs($byYearDay + 1).'D'));
                         }
 
                         if ($date > $this->currentDate && in_array($date->format('N'), $dayOffsets)) {
diff --git a/tests/VObject/Recur/RRuleIteratorTest.php b/tests/VObject/Recur/RRuleIteratorTest.php
index 4c9107ee..0730489b 100644
--- a/tests/VObject/Recur/RRuleIteratorTest.php
+++ b/tests/VObject/Recur/RRuleIteratorTest.php
@@ -526,19 +526,36 @@ public function testYearlyByMonthByDay()
         );
     }
 
+    public function testYearlyNewYearsEve()
+    {
+        $this->parse(
+            'FREQ=YEARLY;COUNT=7;INTERVAL=2;BYYEARDAY=1',
+            '2011-01-01 03:07:00',
+            [
+                '2011-01-01 03:07:00',
+                '2013-01-01 03:07:00',
+                '2015-01-01 03:07:00',
+                '2017-01-01 03:07:00',
+                '2019-01-01 03:07:00',
+                '2021-01-01 03:07:00',
+                '2023-01-01 03:07:00',
+            ]
+        );
+    }
+
     public function testYearlyByYearDay()
     {
         $this->parse(
             'FREQ=YEARLY;COUNT=7;INTERVAL=2;BYYEARDAY=190',
-            '2011-07-10 03:07:00',
+            '2011-07-09 03:07:00',
             [
-                '2011-07-10 03:07:00',
-                '2013-07-10 03:07:00',
-                '2015-07-10 03:07:00',
-                '2017-07-10 03:07:00',
-                '2019-07-10 03:07:00',
-                '2021-07-10 03:07:00',
-                '2023-07-10 03:07:00',
+                '2011-07-09 03:07:00',
+                '2013-07-09 03:07:00',
+                '2015-07-09 03:07:00',
+                '2017-07-09 03:07:00',
+                '2019-07-09 03:07:00',
+                '2021-07-09 03:07:00',
+                '2023-07-09 03:07:00',
             ]
         );
     }
@@ -559,7 +576,7 @@ public function testYearlyByYearDayImmutable()
         $parser->next();
 
         $item = $parser->current();
-        $this->assertEquals($item->format('Y-m-d H:i:s'), '2013-07-10 03:07:00');
+        $this->assertEquals($item->format('Y-m-d H:i:s'), '2013-07-09 03:07:00');
     }
 
     public function testYearlyByYearDayMultiple()
@@ -569,13 +586,13 @@ public function testYearlyByYearDayMultiple()
             '2011-07-10 14:53:11',
             [
                 '2011-07-10 14:53:11',
-                '2011-10-29 14:53:11',
-                '2014-07-10 14:53:11',
-                '2014-10-29 14:53:11',
-                '2017-07-10 14:53:11',
-                '2017-10-29 14:53:11',
-                '2020-07-09 14:53:11',
-                '2020-10-28 14:53:11',
+                '2011-10-28 14:53:11',
+                '2014-07-09 14:53:11',
+                '2014-10-28 14:53:11',
+                '2017-07-09 14:53:11',
+                '2017-10-28 14:53:11',
+                '2020-07-08 14:53:11',
+                '2020-10-27 14:53:11',
             ]
         );
     }
@@ -587,11 +604,11 @@ public function testYearlyByYearDayByDay()
             '2001-04-07 14:53:11',
             [
                 '2001-04-07 14:53:11',
-                '2006-04-08 14:53:11',
-                '2012-04-07 14:53:11',
-                '2017-04-08 14:53:11',
-                '2023-04-08 14:53:11',
-                '2034-04-08 14:53:11',
+                '2007-04-07 14:53:11',
+                '2018-04-07 14:53:11',
+                '2024-04-06 14:53:11',
+                '2029-04-07 14:53:11',
+                '2035-04-07 14:53:11',
             ]
         );
     }