2023 JPY to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 116.1859. Conversely, the yearly low was recorded on January 5, dropping to 11.4160.
This high-to-low spread represents a total annual volatility of 104.7700 LBP. From a start-to-finish perspective, comparing the January average rate of 11.6461 to the December average rate of 104.7770, the exchange rate registered a net change of 799.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 116.1859 was up 771.35% compared to the 2022 peak of 13.3340, 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 LBP 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 91.5524, compared to 102.9970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4446 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 104.6670 LBP (High: 116.1662 / Low: 11.4992). On the other end, January was the most stable month, with a tight range of 0.4207 LBP (High: 11.8367 / Low: 11.4160).
Growth Streaks & Declines
TrendsBetween January and April, 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 3.0860 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 113.0393) against the same month in 2022 (average: 12.0111), the exchange rate shifted by +101.0281 (+841.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.8367 | 11.4160 | 11.6461 |
| February | 116.1662 | 11.4992 | 94.7900 |
| March | 115.4092 | 110.1404 | 112.8667 |
| April | 116.1859 | 109.1155 | 113.0393 |
| May | 113.8159 | 106.7429 | 109.9533 |
| June | 109.9099 | 104.0250 | 107.0190 |
| July | 109.3203 | 103.2810 | 106.7440 |
| August | 107.0234 | 102.4678 | 104.0103 |
| September | 102.9832 | 100.5718 | 101.8473 |
| October | 101.3006 | 99.3199 | 100.4330 |
| November | 102.2748 | 98.8343 | 100.1702 |
| December | 106.7816 | 102.2559 | 104.7770 |