2023 GMD to JPY Historical Review

YEARLY HIGH

2.4421 JPY

YEARLY LOW

2.0589 JPY

YEARLY AVERAGE

2.2574 JPY

2023 GMD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 2.4421. Conversely, the yearly low was recorded on January 19, dropping to 2.0589.

This high-to-low spread represents a total annual volatility of 0.3832 JPY. From a start-to-finish perspective, comparing the January average rate of 2.0988 to the December average rate of 2.1331, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4421 was down 7.87% compared to the 2022 peak of 2.6506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,211 JPY

2022 Average 11,870 JPY

Yearly Trough Low 10,295 JPY

Transaction Impact: A difference of 1,915.97 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4221

2.0694

JanuMarcMayJulySeptNove

GMD 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 2.2146, compared to 2.3003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0858 points.

H1 Avg (Jan–Jun) 2.2146

H2 Avg (Jul–Dec) 2.3003

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1719 JPY (High: 2.2753 / Low: 2.1034). On the other end, October was the most stable month, with a tight range of 0.0582 JPY (High: 2.3228 / Low: 2.2647).

April Spread (Volatile) ±0.1719

October Spread (Stable) ±0.0582

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1134 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.3927) against the same month in 2022 (average: 2.6078), the exchange rate shifted by -0.2151 (-8.25%).

2023 Avg (September) 2.3927

2022 Avg (September) 2.6078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1469	2.0589	2.0988
February	2.2348	2.0878	2.1801
March	2.2414	2.1154	2.1764
April	2.2753	2.1034	2.1600
May	2.3639	2.2342	2.2960
June	2.4305	2.3291	2.3761
July	2.4265	2.3146	2.3669
August	2.4168	2.3469	2.3900
September	2.4421	2.2896	2.3927
October	2.3228	2.2647	2.2794
November	2.3148	2.1851	2.2398
December	2.1864	2.0944	2.1331