2023 JPY to NZD Historical Review

YEARLY HIGH

0.0123 NZD

YEARLY LOW

0.0110 NZD

YEARLY AVERAGE

0.0116 NZD

2023 JPY to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0123. Conversely, the yearly low was recorded on November 15, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0014 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0112, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0123 was down 7.03% compared to the 2022 peak of 0.0133, 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 6,163 NZD

2022 Average 6,016 NZD

Yearly Trough Low 5,485 NZD

Transaction Impact: A difference of 677.78 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0122

0.0110

JanuMarcMayJulySeptNove

JPY to NZD 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 0.0119, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0006 NZD (High: 0.0119 / Low: 0.0113). On the other end, February was the most stable month, with a tight range of 0.0002 NZD (High: 0.0121 / Low: 0.0119).

June Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0121) against the same month in 2022 (average: 0.0123), the exchange rate shifted by -0.0002 (-1.69%).

2023 Avg (March) 0.0121

2022 Avg (March) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0118	0.0120
February	0.0121	0.0119	0.0120
March	0.0123	0.0117	0.0121
April	0.0122	0.0119	0.0121
May	0.0120	0.0115	0.0117
June	0.0119	0.0113	0.0115
July	0.0116	0.0112	0.0114
August	0.0116	0.0114	0.0115
September	0.0115	0.0112	0.0114
October	0.0115	0.0111	0.0113
November	0.0113	0.0110	0.0111
December	0.0113	0.0110	0.0112