YEARLY HIGH
0.4857 GMD
YEARLY LOW
0.4095 GMD
YEARLY AVERAGE
0.4440 GMD

2023 JPY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.4857. Conversely, the yearly low was recorded on September 17, dropping to 0.4095.

This high-to-low spread represents a total annual volatility of 0.0762 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4765 to the December average rate of 0.4689, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4857 was up 2.79% compared to the 2022 peak of 0.4725, 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 242,845 GMD
2022 Average 211,607 GMD
Yearly Trough Low 204,740 GMD
Transaction Impact: A difference of 38,104.74 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4824
0.4123
JanuMarcMayJulySeptNove

JPY to GMD 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 0.4525, compared to 0.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.4525
H2 Avg (Jul–Dec) 0.4356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0359 GMD (High: 0.4754 / Low: 0.4395). On the other end, October was the most stable month, with a tight range of 0.0111 GMD (High: 0.4416 / Low: 0.4305).

April Spread (Volatile) ±0.0359
October Spread (Stable) ±0.0111

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 April and May, when the average rate fell by 0.0275 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4765) against the same month in 2022 (average: 0.4598), the exchange rate shifted by +0.0167 (+3.64%).

2023 Avg (January) 0.4765
2022 Avg (January) 0.4598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4857 0.4658 0.4765
February 0.4790 0.4475 0.4588
March 0.4727 0.4462 0.4596
April 0.4754 0.4395 0.4632
May 0.4476 0.4230 0.4357
June 0.4293 0.4114 0.4209
July 0.4320 0.4121 0.4226
August 0.4261 0.4138 0.4184
September 0.4368 0.4095 0.4182
October 0.4416 0.4305 0.4387
November 0.4576 0.4320 0.4466
December 0.4775 0.4574 0.4689