2023 GBP to JPY Historical Review

YEARLY HIGH

188.4646 JPY

YEARLY LOW

156.4283 JPY

YEARLY AVERAGE

174.7666 JPY

2023 GBP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GBP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 188.4646. Conversely, the yearly low was recorded on January 14, dropping to 156.4283.

This high-to-low spread represents a total annual volatility of 32.0364 JPY. From a start-to-finish perspective, comparing the January average rate of 159.3789 to the December average rate of 181.9673, the exchange rate registered a net change of 14.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 188.4646 was up 9.96% compared to the 2022 peak of 171.3922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 942,323 JPY

2022 Average 809,046 JPY

Yearly Trough Low 782,141 JPY

Transaction Impact: A difference of 160,181.76 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

188.8345

156.7011

JanuMarcMayJulySeptNove

GBP 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 166.3798, compared to 183.1535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7737 points.

H1 Avg (Jan–Jun) 166.3798

H2 Avg (Jul–Dec) 183.1535

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 10.0555 JPY (High: 183.3808 / Low: 173.3253). On the other end, October was the most stable month, with a tight range of 3.6752 JPY (High: 183.8423 / Low: 180.1671).

June Spread (Volatile) ±10.0555

October Spread (Stable) ±3.6752

Growth Streaks & Declines

Trends

Between January and August, 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 4.1894 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.1894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 186.1568) against the same month in 2022 (average: 166.7506), the exchange rate shifted by +19.4062 (+11.64%).

2023 Avg (November) 186.1568

2022 Avg (November) 166.7506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.6634	156.4283	159.3789
February	164.4352	157.3662	160.6838
March	164.9912	159.8680	162.1424
April	171.4182	163.1829	166.2323
May	173.9289	168.2201	171.2154
June	183.3808	173.3253	178.6258
July	183.6590	177.6615	181.7867
August	186.6086	180.7092	183.9082
September	185.3555	181.0434	183.0860
October	183.8423	180.1671	182.0157
November	188.4646	183.4212	186.1568
December	186.4530	179.5293	181.9673