YEARLY HIGH
0.1490 MDL
YEARLY LOW
0.1177 MDL
YEARLY AVERAGE
0.1292 MDL

2023 JPY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1490. Conversely, the yearly low was recorded on November 9, dropping to 0.1177.

This high-to-low spread represents a total annual volatility of 0.0313 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1459 to the December average rate of 0.1226, the exchange rate registered a net change of -16.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1490 was down 7.37% compared to the 2022 peak of 0.1608, 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 74,478 MDL
2022 Average 72,092 MDL
Yearly Trough Low 58,841 MDL
Transaction Impact: A difference of 15,637.00 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1486
0.1165
JanuMarcMayJulySeptNove

JPY to MDL 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 0.1362, compared to 0.1222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.1362
H2 Avg (Jul–Dec) 0.1222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0093 MDL (High: 0.1313 / Low: 0.1220). On the other end, September was the most stable month, with a tight range of 0.0018 MDL (High: 0.1224 / Low: 0.1206).

July Spread (Volatile) ±0.0093
September Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0056 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1459) against the same month in 2022 (average: 0.1560), the exchange rate shifted by -0.0101 (-6.50%).

2023 Avg (January) 0.1459
2022 Avg (January) 0.1560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1490 0.1435 0.1459
February 0.1460 0.1378 0.1410
March 0.1415 0.1363 0.1393
April 0.1391 0.1309 0.1351
May 0.1331 0.1264 0.1295
June 0.1279 0.1242 0.1267
July 0.1313 0.1220 0.1268
August 0.1242 0.1201 0.1221
September 0.1224 0.1206 0.1216
October 0.1227 0.1197 0.1212
November 0.1207 0.1177 0.1191
December 0.1256 0.1194 0.1226