YEARLY HIGH
0.0649 SBD
YEARLY LOW
0.0553 SBD
YEARLY AVERAGE
0.0595 SBD

2023 JPY to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0649. Conversely, the yearly low was recorded on November 12, dropping to 0.0553.

This high-to-low spread represents a total annual volatility of 0.0096 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0589, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0649 was down 8.52% compared to the 2022 peak of 0.0709, 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 32,446 SBD
2022 Average 31,143 SBD
Yearly Trough Low 27,636 SBD
Transaction Impact: A difference of 4,809.38 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0642
0.0556
JanuMarcMayJulySeptNove

JPY to SBD 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 0.0615, compared to 0.0576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0615
H2 Avg (Jul–Dec) 0.0576

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0037 SBD (High: 0.0641 / Low: 0.0604). On the other end, September was the most stable month, with a tight range of 0.0014 SBD (High: 0.0574 / Low: 0.0560).

February Spread (Volatile) ±0.0037
September Spread (Stable) ±0.0014

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 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0635) against the same month in 2022 (average: 0.0703), the exchange rate shifted by -0.0068 (-9.70%).

2023 Avg (January) 0.0635
2022 Avg (January) 0.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0649 0.0620 0.0635
February 0.0641 0.0604 0.0618
March 0.0629 0.0601 0.0616
April 0.0633 0.0611 0.0621
May 0.0621 0.0592 0.0607
June 0.0601 0.0575 0.0590
July 0.0607 0.0577 0.0593
August 0.0590 0.0571 0.0578
September 0.0574 0.0560 0.0568
October 0.0571 0.0557 0.0564
November 0.0576 0.0553 0.0563
December 0.0598 0.0575 0.0589