2023 JPY to KES Historical Review

YEARLY HIGH

1.1154 KES

YEARLY LOW

0.9270 KES

YEARLY AVERAGE

0.9946 KES

2023 JPY to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1154. Conversely, the yearly low was recorded on February 25, dropping to 0.9270.

This high-to-low spread represents a total annual volatility of 0.1883 KES. From a start-to-finish perspective, comparing the January average rate of 0.9523 to the December average rate of 1.0754, the exchange rate registered a net change of 12.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1154 was up 11.68% compared to the 2022 peak of 0.9987, 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 557,693 KES

2022 Average 450,726 KES

Yearly Trough Low 463,520 KES

Transaction Impact: A difference of 94,172.89 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0886

0.9302

JanuMarcMayJulySeptNove

JPY to KES 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 0.9766, compared to 1.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.9766

H2 Avg (Jul–Dec) 1.0126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0778 KES (High: 1.1154 / Low: 1.0376). On the other end, September was the most stable month, with a tight range of 0.0124 KES (High: 0.9969 / Low: 0.9845).

December Spread (Volatile) ±0.0778

September Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0122 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.0754) against the same month in 2022 (average: 0.9131), the exchange rate shifted by +0.1623 (+17.78%).

2023 Avg (December) 1.0754

2022 Avg (December) 0.9131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9692	0.9271	0.9523
February	0.9683	0.9270	0.9434
March	1.0050	0.9331	0.9703
April	1.0188	0.9935	1.0061
May	1.0195	0.9820	1.0000
June	1.0026	0.9667	0.9877
July	1.0241	0.9578	1.0019
August	1.0079	0.9752	0.9928
September	0.9969	0.9845	0.9930
October	1.0101	0.9856	0.9980
November	1.0411	0.9986	1.0142
December	1.1154	1.0376	1.0754