YEARLY HIGH
0.1425 NAD
YEARLY LOW
0.1204 NAD
YEARLY AVERAGE
0.1318 NAD

2023 JPY to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.1425. Conversely, the yearly low was recorded on November 15, dropping to 0.1204.

This high-to-low spread represents a total annual volatility of 0.0222 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1312 to the December average rate of 0.1301, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1425 was up 2.86% compared to the 2022 peak of 0.1386, 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 71,267 NAD
2022 Average 62,168 NAD
Yearly Trough Low 60,181 NAD
Transaction Impact: A difference of 11,086.31 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1405
0.1238
JanuMarcMayJulySeptNove

JPY to NAD 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 0.1286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1350
H2 Avg (Jul–Dec) 0.1286

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0146 NAD (High: 0.1421 / Low: 0.1275). On the other end, September was the most stable month, with a tight range of 0.0045 NAD (High: 0.1305 / Low: 0.1260).

June Spread (Volatile) ±0.0146
September Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1391) against the same month in 2022 (average: 0.1236), the exchange rate shifted by +0.0155 (+12.50%).

2023 Avg (May) 0.1391
2022 Avg (May) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1346 0.1267 0.1312
February 0.1362 0.1286 0.1342
March 0.1402 0.1333 0.1368
April 0.1390 0.1329 0.1361
May 0.1425 0.1337 0.1391
June 0.1421 0.1275 0.1326
July 0.1340 0.1249 0.1293
August 0.1363 0.1266 0.1302
September 0.1305 0.1260 0.1284
October 0.1350 0.1245 0.1288
November 0.1320 0.1204 0.1252
December 0.1343 0.1263 0.1301