2023 JPY to RUB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to RUB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.6903. Conversely, the yearly low was recorded on January 15, dropping to 0.5154.
This high-to-low spread represents a total annual volatility of 0.1749 RUB. From a start-to-finish perspective, comparing the January average rate of 0.5374 to the December average rate of 0.6339, the exchange rate registered a net change of 17.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 0.6903 was down 44.18% compared to the 2022 peak of 1.2366, 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 RUB 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 0.5724, compared to 0.6410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0686 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.0604 RUB (High: 0.6772 / Low: 0.6167). On the other end, September was the most stable month, with a tight range of 0.0246 RUB (High: 0.6687 / Low: 0.6441).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.0444 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 0.6619) against the same month in 2022 (average: 0.4490), the exchange rate shifted by +0.2129 (+47.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5629 | 0.5154 | 0.5374 |
| February | 0.5616 | 0.5350 | 0.5519 |
| March | 0.5911 | 0.5502 | 0.5717 |
| April | 0.6167 | 0.5839 | 0.6065 |
| May | 0.5908 | 0.5607 | 0.5768 |
| June | 0.6154 | 0.5661 | 0.5901 |
| July | 0.6559 | 0.6091 | 0.6420 |
| August | 0.6903 | 0.6393 | 0.6619 |
| September | 0.6687 | 0.6441 | 0.6545 |
| October | 0.6772 | 0.6167 | 0.6490 |
| November | 0.6216 | 0.5899 | 0.6047 |
| December | 0.6539 | 0.6129 | 0.6339 |