YEARLY HIGH
0.1099 SCR
YEARLY LOW
0.0847 SCR
YEARLY AVERAGE
0.0959 SCR

2023 JPY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1099. Conversely, the yearly low was recorded on October 26, dropping to 0.0847.

This high-to-low spread represents a total annual volatility of 0.0251 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1041 to the December average rate of 0.0935, the exchange rate registered a net change of -10.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1099 was down 15.98% compared to the 2022 peak of 0.1307, 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 54,926 SCR
2022 Average 51,998 SCR
Yearly Trough Low 42,374 SCR
Transaction Impact: A difference of 12,552.25 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1056
0.0874
JanuMarcMayJulySeptNove

JPY to SCR 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 0.1006, compared to 0.0913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.1006
H2 Avg (Jul–Dec) 0.0913

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0141 SCR (High: 0.1095 / Low: 0.0955). On the other end, August was the most stable month, with a tight range of 0.0045 SCR (High: 0.0948 / Low: 0.0903).

February Spread (Volatile) ±0.0141
August Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1041) against the same month in 2022 (average: 0.1199), the exchange rate shifted by -0.0159 (-13.22%).

2023 Avg (January) 0.1041
2022 Avg (January) 0.1199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1099 0.0982 0.1041
February 0.1095 0.0955 0.1019
March 0.1058 0.0963 0.1008
April 0.1068 0.0962 0.1012
May 0.1033 0.0938 0.0984
June 0.1010 0.0906 0.0970
July 0.1023 0.0905 0.0947
August 0.0948 0.0903 0.0924
September 0.0923 0.0858 0.0889
October 0.0924 0.0847 0.0891
November 0.0933 0.0864 0.0892
December 0.0983 0.0891 0.0935