2023 JPY to HNL Historical Review

YEARLY HIGH

0.1927 HNL

YEARLY LOW

0.1624 HNL

YEARLY AVERAGE

0.1759 HNL

2023 JPY to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1927. Conversely, the yearly low was recorded on November 11, dropping to 0.1624.

This high-to-low spread represents a total annual volatility of 0.0302 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1895 to the December average rate of 0.1720, the exchange rate registered a net change of -9.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1927 was down 10.69% compared to the 2022 peak of 0.2157, 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 96,329 HNL

2022 Average 94,193 HNL

Yearly Trough Low 81,221 HNL

Transaction Impact: A difference of 15,108.50 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1920

0.1622

JanuMarcMayJulySeptNove

JPY to HNL 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 0.1829, compared to 0.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.1829

H2 Avg (Jul–Dec) 0.1690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0112 HNL (High: 0.1918 / Low: 0.1805). On the other end, September was the most stable month, with a tight range of 0.0037 HNL (High: 0.1692 / Low: 0.1655).

February Spread (Volatile) ±0.0112

September Spread (Stable) ±0.0037

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 0.0049 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1895) against the same month in 2022 (average: 0.2135), the exchange rate shifted by -0.0240 (-11.24%).

2023 Avg (January) 0.1895

2022 Avg (January) 0.2135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1927	0.1852	0.1895
February	0.1918	0.1805	0.1851
March	0.1888	0.1796	0.1844
April	0.1879	0.1784	0.1841
May	0.1840	0.1749	0.1795
June	0.1775	0.1703	0.1746
July	0.1789	0.1694	0.1745
August	0.1735	0.1681	0.1700
September	0.1692	0.1655	0.1676
October	0.1673	0.1635	0.1652
November	0.1683	0.1624	0.1647
December	0.1753	0.1677	0.1720