2023 JPY to MXN Historical Review

YEARLY HIGH

0.1489 MXN

YEARLY LOW

0.1142 MXN

YEARLY AVERAGE

0.1267 MXN

2023 JPY to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1489. Conversely, the yearly low was recorded on August 27, dropping to 0.1142.

This high-to-low spread represents a total annual volatility of 0.0347 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1195, the exchange rate registered a net change of -17.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1489 was down 19.36% compared to the 2022 peak of 0.1847, 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 74,459 MXN

2022 Average 77,054 MXN

Yearly Trough Low 57,095 MXN

Transaction Impact: A difference of 17,364.57 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1487

0.1130

JanuMarcMayJulySeptNove

JPY to MXN 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 0.1350, compared to 0.1184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.1350

H2 Avg (Jul–Dec) 0.1184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0125 MXN (High: 0.1435 / Low: 0.1310). On the other end, November was the most stable month, with a tight range of 0.0036 MXN (High: 0.1180 / Low: 0.1144).

March Spread (Volatile) ±0.0125

November Spread (Stable) ±0.0036

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 0.0072 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1457) against the same month in 2022 (average: 0.1785), the exchange rate shifted by -0.0328 (-18.39%).

2023 Avg (January) 0.1457

2022 Avg (January) 0.1785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1489	0.1437	0.1457
February	0.1449	0.1342	0.1397
March	0.1435	0.1310	0.1378
April	0.1399	0.1320	0.1353
May	0.1335	0.1250	0.1292
June	0.1265	0.1182	0.1221
July	0.1222	0.1177	0.1199
August	0.1216	0.1142	0.1173
September	0.1194	0.1153	0.1170
October	0.1231	0.1164	0.1209
November	0.1180	0.1144	0.1160
December	0.1212	0.1171	0.1195