2023 JPY to GEL Historical Review

YEARLY HIGH

0.0210 GEL

YEARLY LOW

0.0177 GEL

YEARLY AVERAGE

0.0187 GEL

2023 JPY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0210. Conversely, the yearly low was recorded on September 7, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0032 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0187, the exchange rate registered a net change of -8.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0210 was down 29.61% compared to the 2022 peak of 0.0298, 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 10,477 GEL

2022 Average 11,199 GEL

Yearly Trough Low 8,857 GEL

Transaction Impact: A difference of 1,620.07 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0207

0.0176

JanuMarcMayJulySeptNove

JPY to GEL 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 0.0193, compared to 0.0182 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) 0.0193

H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0013 GEL (High: 0.0195 / Low: 0.0183). On the other end, October was the most stable month, with a tight range of 0.0003 GEL (High: 0.0181 / Low: 0.0178).

April Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0205) against the same month in 2022 (average: 0.0268), the exchange rate shifted by -0.0063 (-23.60%).

2023 Avg (January) 0.0205

2022 Avg (January) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0210	0.0202	0.0205
February	0.0204	0.0193	0.0198
March	0.0196	0.0188	0.0193
April	0.0195	0.0183	0.0189
May	0.0191	0.0181	0.0185
June	0.0188	0.0180	0.0185
July	0.0187	0.0180	0.0183
August	0.0184	0.0178	0.0181
September	0.0182	0.0177	0.0179
October	0.0181	0.0178	0.0180
November	0.0184	0.0177	0.0180
December	0.0191	0.0182	0.0187