YEARLY HIGH
0.0072 EUR
YEARLY LOW
0.0061 EUR
YEARLY AVERAGE
0.0066 EUR

2023 JPY to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0072. Conversely, the yearly low was recorded on November 15, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0011 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0064, the exchange rate registered a net change of -10.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0072 was down 9.71% compared to the 2022 peak of 0.0080, 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 3,612 EUR
2022 Average 3,628 EUR
Yearly Trough Low 3,046 EUR
Transaction Impact: A difference of 565.35 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0072
0.0061
JanuMarcMayJulySeptNove

JPY to EUR 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 0.0069, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0004 EUR (High: 0.0070 / Low: 0.0066). On the other end, September was the most stable month, with a tight range of 0.0001 EUR (High: 0.0064 / Low: 0.0063).

April Spread (Volatile) ±0.0004
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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0071) against the same month in 2022 (average: 0.0077), the exchange rate shifted by -0.0006 (-7.41%).

2023 Avg (January) 0.0071
2022 Avg (January) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0070 0.0071
February 0.0071 0.0069 0.0070
March 0.0071 0.0069 0.0070
April 0.0070 0.0066 0.0068
May 0.0068 0.0066 0.0067
June 0.0067 0.0063 0.0065
July 0.0066 0.0063 0.0064
August 0.0064 0.0063 0.0063
September 0.0064 0.0063 0.0063
October 0.0064 0.0062 0.0063
November 0.0063 0.0061 0.0062
December 0.0065 0.0063 0.0064