2023 JPY to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 68.6501. Conversely, the yearly low was recorded on November 11, dropping to 56.4961.
This high-to-low spread represents a total annual volatility of 12.1540 GNF. From a start-to-finish perspective, comparing the January average rate of 66.5815 to the December average rate of 59.8854, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 68.6501 was down 15.26% compared to the 2022 peak of 81.0109, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JPY to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 64.0777, compared to 58.9129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1649 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 4.4243 GNF (High: 67.4507 / Low: 63.0263). On the other end, October was the most stable month, with a tight range of 1.1263 GNF (High: 58.0507 / Low: 56.9244).
Growth Streaks & Declines
TrendsNo 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 1.8187 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 66.5815) against the same month in 2022 (average: 79.2030), the exchange rate shifted by -12.6214 (-15.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.6501 | 65.6631 | 66.5815 |
| February | 67.4507 | 63.0263 | 64.9227 |
| March | 65.8646 | 63.2110 | 64.6623 |
| April | 65.8243 | 62.3698 | 64.3988 |
| May | 64.4733 | 61.1342 | 62.8598 |
| June | 62.3171 | 59.5322 | 61.0412 |
| July | 62.4386 | 59.1634 | 60.9834 |
| August | 61.0046 | 58.6272 | 59.4750 |
| September | 58.7379 | 57.5959 | 58.2165 |
| October | 58.0507 | 56.9244 | 57.5077 |
| November | 58.4803 | 56.4961 | 57.4093 |
| December | 61.0867 | 58.3892 | 59.8854 |