2023 JPY to CNY Historical Review

YEARLY HIGH

0.0528 CNY

YEARLY LOW

0.0474 CNY

YEARLY AVERAGE

0.0504 CNY

2023 JPY to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0528. Conversely, the yearly low was recorded on November 26, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0054 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0522 to the December average rate of 0.0496, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0528 was down 5.29% compared to the 2022 peak of 0.0558, 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 26,402 CNY

2022 Average 25,682 CNY

Yearly Trough Low 23,705 CNY

Transaction Impact: A difference of 2,696.70 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0526

0.0477

JanuMarcMayJulySeptNove

JPY to CNY 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 0.0514, compared to 0.0494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0514

H2 Avg (Jul–Dec) 0.0494

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0024 CNY (High: 0.0505 / Low: 0.0481). On the other end, September was the most stable month, with a tight range of 0.0009 CNY (High: 0.0497 / Low: 0.0488).

December Spread (Volatile) ±0.0024

September 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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0522) against the same month in 2022 (average: 0.0553), the exchange rate shifted by -0.0032 (-5.72%).

2023 Avg (January) 0.0522

2022 Avg (January) 0.0553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0528	0.0513	0.0522
February	0.0524	0.0508	0.0514
March	0.0525	0.0504	0.0516
April	0.0525	0.0507	0.0516
May	0.0517	0.0501	0.0509
June	0.0512	0.0500	0.0506
July	0.0518	0.0499	0.0509
August	0.0506	0.0493	0.0500
September	0.0497	0.0488	0.0493
October	0.0492	0.0479	0.0486
November	0.0489	0.0474	0.0481
December	0.0505	0.0481	0.0496