YEARLY HIGH
0.0156 BBD
YEARLY LOW
0.0132 BBD
YEARLY AVERAGE
0.0143 BBD

2023 JPY to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0156. Conversely, the yearly low was recorded on November 13, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0024 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0139, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0156 was down 11.10% compared to the 2022 peak of 0.0176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 7,819 BBD
2022 Average 7,658 BBD
Yearly Trough Low 6,594 BBD
Transaction Impact: A difference of 1,224.78 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0156
0.0132
JanuMarcMayJulySeptNove

JPY to BBD 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 0.0148, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0148
H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0009 BBD (High: 0.0156 / Low: 0.0147). On the other end, October was the most stable month, with a tight range of 0.0003 BBD (High: 0.0135 / Low: 0.0132).

February Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0154) against the same month in 2022 (average: 0.0174), the exchange rate shifted by -0.0020 (-11.77%).

2023 Avg (January) 0.0154
2022 Avg (January) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0150 0.0154
February 0.0156 0.0147 0.0150
March 0.0153 0.0146 0.0150
April 0.0153 0.0147 0.0150
May 0.0149 0.0142 0.0146
June 0.0144 0.0138 0.0142
July 0.0145 0.0138 0.0142
August 0.0141 0.0136 0.0138
September 0.0137 0.0134 0.0135
October 0.0135 0.0132 0.0134
November 0.0136 0.0132 0.0134
December 0.0142 0.0136 0.0139