YEARLY HIGH
0.0036 JPY
YEARLY LOW
0.0030 JPY
YEARLY AVERAGE
0.0033 JPY

2023 IRR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0036. Conversely, the yearly low was recorded on February 1, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0005 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0034, the exchange rate registered a net change of 9.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0036 was up 1.39% compared to the 2022 peak of 0.0035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 JPY
2022 Average 16 JPY
Yearly Trough Low 15 JPY
Transaction Impact: A difference of 2.70 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036
0.0031
JanuMarcMayJulySeptNove

IRR 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 0.0032, compared to 0.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0032
H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 JPY (High: 0.0032 / Low: 0.0030). On the other end, October was the most stable month, with a tight range of 0.0001 JPY (High: 0.0036 / Low: 0.0035).

February Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0035) against the same month in 2022 (average: 0.0033), the exchange rate shifted by +0.0002 (+5.91%).

2023 Avg (November) 0.0035
2022 Avg (November) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0031 0.0031
February 0.0032 0.0030 0.0032
March 0.0032 0.0031 0.0032
April 0.0032 0.0031 0.0032
May 0.0033 0.0032 0.0032
June 0.0034 0.0033 0.0033
July 0.0034 0.0033 0.0033
August 0.0035 0.0034 0.0034
September 0.0035 0.0035 0.0035
October 0.0036 0.0035 0.0035
November 0.0036 0.0035 0.0035
December 0.0035 0.0033 0.0034