YEARLY HIGH
0.0285 QAR
YEARLY LOW
0.0240 QAR
YEARLY AVERAGE
0.0260 QAR

2023 JPY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0285. Conversely, the yearly low was recorded on November 11, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0045 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0254, the exchange rate registered a net change of -9.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0285 was down 11.09% compared to the 2022 peak of 0.0320, 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 14,236 QAR
2022 Average 13,951 QAR
Yearly Trough Low 11,997 QAR
Transaction Impact: A difference of 2,238.66 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0284
0.0239
JanuMarcMayJulySeptNove

JPY to QAR 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 0.0271, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0271
H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0017 QAR (High: 0.0281 / Low: 0.0264). On the other end, October was the most stable month, with a tight range of 0.0005 QAR (High: 0.0246 / Low: 0.0241).

April Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0005

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 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0280) against the same month in 2022 (average: 0.0317), the exchange rate shifted by -0.0037 (-11.70%).

2023 Avg (January) 0.0280
2022 Avg (January) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0285 0.0273 0.0280
February 0.0283 0.0267 0.0274
March 0.0281 0.0265 0.0273
April 0.0281 0.0264 0.0273
May 0.0272 0.0259 0.0265
June 0.0263 0.0251 0.0258
July 0.0264 0.0252 0.0258
August 0.0257 0.0249 0.0252
September 0.0249 0.0244 0.0246
October 0.0246 0.0241 0.0244
November 0.0248 0.0240 0.0243
December 0.0259 0.0247 0.0254