2023 JPY to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 57.8254. Conversely, the yearly low was recorded on October 2, dropping to 48.7249.
This high-to-low spread represents a total annual volatility of 9.1005 PYG. From a start-to-finish perspective, comparing the January average rate of 56.6728 to the December average rate of 51.2247, the exchange rate registered a net change of -9.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 57.8254 was down 6.27% compared to the 2022 peak of 61.6916, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JPY to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.7866, compared to 50.1773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6092 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.6779 PYG (High: 57.1133 / Low: 53.4354). On the other end, September was the most stable month, with a tight range of 0.9755 PYG (High: 49.7823 / Low: 48.8068).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8407 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 56.6728) against the same month in 2022 (average: 60.6476), the exchange rate shifted by -3.9747 (-6.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.8254 | 54.9168 | 56.6728 |
| February | 57.1133 | 53.4354 | 54.8322 |
| March | 54.9887 | 52.2385 | 53.8180 |
| April | 54.7387 | 52.4215 | 53.6043 |
| May | 53.6065 | 51.2681 | 52.4846 |
| June | 52.4023 | 50.2786 | 51.3076 |
| July | 52.6413 | 49.9961 | 51.4577 |
| August | 51.4193 | 49.5914 | 50.2273 |
| September | 49.7823 | 48.8068 | 49.2215 |
| October | 49.9361 | 48.7249 | 49.2865 |
| November | 50.5675 | 48.9512 | 49.6463 |
| December | 51.8905 | 50.2196 | 51.2247 |