2023 DJF to JPY Historical Review

YEARLY HIGH

0.8542 JPY

YEARLY LOW

0.7192 JPY

YEARLY AVERAGE

0.7900 JPY

2023 DJF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.8542. Conversely, the yearly low was recorded on January 13, dropping to 0.7192.

This high-to-low spread represents a total annual volatility of 0.1350 JPY. From a start-to-finish perspective, comparing the January average rate of 0.7324 to the December average rate of 0.8067, the exchange rate registered a net change of 10.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8542 was up 1.13% compared to the 2022 peak of 0.8446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,271 JPY

2022 Average 3,692 JPY

Yearly Trough Low 3,596 JPY

Transaction Impact: A difference of 674.76 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8544

0.7213

JanuMarcMayJulySeptNove

DJF 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 0.7584, compared to 0.8216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0632 points.

H1 Avg (Jan–Jun) 0.7584

H2 Avg (Jul–Dec) 0.8216

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0436 JPY (High: 0.7675 / Low: 0.7239). On the other end, October was the most stable month, with a tight range of 0.0162 JPY (High: 0.8503 / Low: 0.8341).

February Spread (Volatile) ±0.0436

October Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0366 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8433) against the same month in 2022 (average: 0.7982), the exchange rate shifted by +0.0451 (+5.65%).

2023 Avg (November) 0.8433

2022 Avg (November) 0.7982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7511	0.7192	0.7324
February	0.7675	0.7239	0.7484
March	0.7724	0.7353	0.7520
April	0.7759	0.7361	0.7519
May	0.7910	0.7539	0.7716
June	0.8150	0.7802	0.7941
July	0.8162	0.7767	0.7946
August	0.8236	0.7967	0.8139
September	0.8391	0.8222	0.8303
October	0.8503	0.8341	0.8409
November	0.8542	0.8239	0.8433
December	0.8277	0.7905	0.8067