YEARLY HIGH
0.0301 PEN
YEARLY LOW
0.0249 PEN
YEARLY AVERAGE
0.0267 PEN

2023 JPY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0301. Conversely, the yearly low was recorded on November 26, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0051 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0260, the exchange rate registered a net change of -11.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0301 was down 13.28% compared to the 2022 peak of 0.0347, 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 15,029 PEN
2022 Average 14,665 PEN
Yearly Trough Low 12,464 PEN
Transaction Impact: A difference of 2,565.11 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0298
0.0248
JanuMarcMayJulySeptNove

JPY to PEN 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 0.0279, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0279
H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 PEN (High: 0.0299 / Low: 0.0279). On the other end, September was the most stable month, with a tight range of 0.0004 PEN (High: 0.0254 / Low: 0.0250).

February Spread (Volatile) ±0.0020
September Spread (Stable) ±0.0004

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 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0294) against the same month in 2022 (average: 0.0339), the exchange rate shifted by -0.0045 (-13.35%).

2023 Avg (January) 0.0294
2022 Avg (January) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0301 0.0285 0.0294
February 0.0299 0.0279 0.0288
March 0.0289 0.0275 0.0283
April 0.0288 0.0270 0.0281
May 0.0276 0.0261 0.0268
June 0.0265 0.0250 0.0258
July 0.0260 0.0250 0.0255
August 0.0260 0.0252 0.0255
September 0.0254 0.0250 0.0252
October 0.0259 0.0253 0.0257
November 0.0257 0.0249 0.0252
December 0.0266 0.0254 0.0260