2023 JPY to BGN Historical Review

YEARLY HIGH

0.0141 BGN

YEARLY LOW

0.0119 BGN

YEARLY AVERAGE

0.0129 BGN

2023 JPY to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0141. Conversely, the yearly low was recorded on November 15, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0022 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0125, the exchange rate registered a net change of -10.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0141 was down 9.52% compared to the 2022 peak of 0.0156, 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 7,064 BGN

2022 Average 7,097 BGN

Yearly Trough Low 5,962 BGN

Transaction Impact: A difference of 1,102.40 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0141

0.0119

JanuMarcMayJulySeptNove

JPY to BGN 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 0.0134, compared to 0.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0134

H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0007 BGN (High: 0.0137 / Low: 0.0130). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0125 / Low: 0.0124).

April Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0001

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: 0.0139) against the same month in 2022 (average: 0.0150), the exchange rate shifted by -0.0011 (-7.39%).

2023 Avg (January) 0.0139

2022 Avg (January) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0141	0.0138	0.0139
February	0.0140	0.0135	0.0137
March	0.0139	0.0135	0.0137
April	0.0137	0.0130	0.0133
May	0.0133	0.0129	0.0131
June	0.0131	0.0124	0.0128
July	0.0128	0.0124	0.0125
August	0.0125	0.0123	0.0124
September	0.0125	0.0124	0.0124
October	0.0125	0.0122	0.0124
November	0.0123	0.0119	0.0121
December	0.0126	0.0122	0.0125