2023 JPY to BOB Historical Review

YEARLY HIGH

0.0540 BOB

YEARLY LOW

0.0454 BOB

YEARLY AVERAGE

0.0493 BOB

2023 JPY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0540. Conversely, the yearly low was recorded on November 11, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0086 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0482, the exchange rate registered a net change of -9.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0540 was down 10.93% compared to the 2022 peak of 0.0607, 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 27,016 BOB

2022 Average 26,389 BOB

Yearly Trough Low 22,720 BOB

Transaction Impact: A difference of 4,296.19 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0538

0.0454

JanuMarcMayJulySeptNove

JPY to BOB 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 0.0513, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0513

H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0031 BOB (High: 0.0537 / Low: 0.0506). On the other end, October was the most stable month, with a tight range of 0.0009 BOB (High: 0.0466 / Low: 0.0457).

February Spread (Volatile) ±0.0031

October Spread (Stable) ±0.0009

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 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0531) against the same month in 2022 (average: 0.0600), the exchange rate shifted by -0.0069 (-11.50%).

2023 Avg (January) 0.0531

2022 Avg (January) 0.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0540	0.0519	0.0531
February	0.0537	0.0506	0.0519
March	0.0529	0.0503	0.0517
April	0.0530	0.0507	0.0517
May	0.0516	0.0491	0.0503
June	0.0498	0.0477	0.0489
July	0.0500	0.0475	0.0489
August	0.0488	0.0472	0.0477
September	0.0473	0.0463	0.0467
October	0.0466	0.0457	0.0462
November	0.0470	0.0454	0.0461
December	0.0491	0.0469	0.0482