2023 JPY to BTN Historical Review

YEARLY HIGH

0.6380 BTN

YEARLY LOW

0.5477 BTN

YEARLY AVERAGE

0.5888 BTN

2023 JPY to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.6380. Conversely, the yearly low was recorded on November 11, dropping to 0.5477.

This high-to-low spread represents a total annual volatility of 0.0903 BTN. From a start-to-finish perspective, comparing the January average rate of 0.6286 to the December average rate of 0.5801, the exchange rate registered a net change of -7.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6380 was down 4.30% compared to the 2022 peak of 0.6667, 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 319,009 BTN

2022 Average 300,124 BTN

Yearly Trough Low 273,872 BTN

Transaction Impact: A difference of 45,137.76 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6359

0.5481

JanuMarcMayJulySeptNove

JPY to BTN 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 0.6098, compared to 0.5678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0420 points.

H1 Avg (Jan–Jun) 0.6098

H2 Avg (Jul–Dec) 0.5678

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0376 BTN (High: 0.6312 / Low: 0.5936). On the other end, September was the most stable month, with a tight range of 0.0095 BTN (High: 0.5660 / Low: 0.5565).

March Spread (Volatile) ±0.0376

September Spread (Stable) ±0.0095

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 0.0180 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6202) against the same month in 2022 (average: 0.6502), the exchange rate shifted by -0.0300 (-4.61%).

2023 Avg (February) 0.6202

2022 Avg (February) 0.6502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6379	0.6185	0.6286
February	0.6380	0.6060	0.6202
March	0.6312	0.5936	0.6155
April	0.6265	0.5918	0.6132
May	0.6122	0.5873	0.5997
June	0.5957	0.5661	0.5817
July	0.5996	0.5643	0.5817
August	0.5842	0.5642	0.5719
September	0.5660	0.5565	0.5616
October	0.5613	0.5500	0.5560
November	0.5663	0.5477	0.5554
December	0.5912	0.5660	0.5801