YEARLY HIGH
68.6501 GNF
YEARLY LOW
56.4961 GNF
YEARLY AVERAGE
61.4953 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 34,325,032 GNF
2022 Average 33,763,540 GNF
Yearly Trough Low 28,248,029 GNF
Transaction Impact: A difference of 6,077,003.03 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

67.4987
56.4921
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 64.0777
H2 Avg (Jul–Dec) 58.9129

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±4.4243
October Spread (Stable) ±1.1263

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 May and June, when the average rate fell by 1.8187 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.8187

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 66.5815
2022 Avg (January) 79.2030

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