2023 BOB to JPY Historical Review

YEARLY HIGH

22.0069 JPY

YEARLY LOW

18.5073 JPY

YEARLY AVERAGE

20.3387 JPY

2023 BOB to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 22.0069. Conversely, the yearly low was recorded on January 13, dropping to 18.5073.

This high-to-low spread represents a total annual volatility of 3.4996 JPY. From a start-to-finish perspective, comparing the January average rate of 18.8387 to the December average rate of 20.7685, the exchange rate registered a net change of 10.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.0069 was up 1.50% compared to the 2022 peak of 21.6807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,034 JPY

2022 Average 95,341 JPY

Yearly Trough Low 92,536 JPY

Transaction Impact: A difference of 17,497.84 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.9918

18.5521

JanuMarcMayJulySeptNove

BOB to JPY 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 19.5219, compared to 21.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6337 points.

H1 Avg (Jan–Jun) 19.5219

H2 Avg (Jul–Dec) 21.1556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1498 JPY (High: 19.7631 / Low: 18.6133). On the other end, October was the most stable month, with a tight range of 0.4327 JPY (High: 21.9040 / Low: 21.4714).

February Spread (Volatile) ±1.1498

October Spread (Stable) ±0.4327

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9367 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 21.7052) against the same month in 2022 (average: 20.5418), the exchange rate shifted by +1.1634 (+5.66%).

2023 Avg (November) 21.7052

2022 Avg (November) 20.5418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.2827	18.5073	18.8387
February	19.7631	18.6133	19.2743
March	19.8865	18.9067	19.3603
April	19.7417	18.8642	19.3324
May	20.3560	19.3920	19.8690
June	20.9586	20.0864	20.4565
July	21.0310	19.9859	20.4488
August	21.1983	20.5075	20.9558
September	21.6124	21.1569	21.3958
October	21.9040	21.4714	21.6593
November	22.0069	21.2894	21.7052
December	21.3082	20.3650	20.7685