2023 JPY to PHP Historical Review

YEARLY HIGH

0.4295 PHP

YEARLY LOW

0.3690 PHP

YEARLY AVERAGE

0.3966 PHP

2023 JPY to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4295. Conversely, the yearly low was recorded on November 13, dropping to 0.3690.

This high-to-low spread represents a total annual volatility of 0.0605 PHP. From a start-to-finish perspective, comparing the January average rate of 0.4220 to the December average rate of 0.3865, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4295 was down 5.25% compared to the 2022 peak of 0.4532, 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 214,727 PHP

2022 Average 207,948 PHP

Yearly Trough Low 184,488 PHP

Transaction Impact: A difference of 30,239.44 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4270

0.3669

JanuMarcMayJulySeptNove

JPY to PHP 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 0.4098, compared to 0.3834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.4098

H2 Avg (Jul–Dec) 0.3834

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0213 PHP (High: 0.4042 / Low: 0.3829). On the other end, November was the most stable month, with a tight range of 0.0082 PHP (High: 0.3772 / Low: 0.3690).

June Spread (Volatile) ±0.0213

November Spread (Stable) ±0.0082

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 0.0115 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4220) against the same month in 2022 (average: 0.4460), the exchange rate shifted by -0.0240 (-5.37%).

2023 Avg (January) 0.4220

2022 Avg (January) 0.4460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4295	0.4147	0.4220
February	0.4207	0.4034	0.4119
March	0.4152	0.4028	0.4097
April	0.4199	0.4063	0.4137
May	0.4149	0.3970	0.4064
June	0.4042	0.3829	0.3950
July	0.3946	0.3823	0.3890
August	0.3944	0.3840	0.3889
September	0.3885	0.3793	0.3842
October	0.3839	0.3754	0.3797
November	0.3772	0.3690	0.3719
December	0.3930	0.3756	0.3865