2023 JPY to SHP Historical Review

YEARLY HIGH

0.0064 SHP

YEARLY LOW

0.0053 SHP

YEARLY AVERAGE

0.0057 SHP

2023 JPY to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0064. Conversely, the yearly low was recorded on November 26, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0011 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0055, the exchange rate registered a net change of -12.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0064 was down 3.28% compared to the 2022 peak of 0.0066, 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 3,196 SHP

2022 Average 3,092 SHP

Yearly Trough Low 2,653 SHP

Transaction Impact: A difference of 543.34 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064

0.0053

JanuMarcMayJulySeptNove

JPY to SHP 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 0.0060, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0060

H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 SHP (High: 0.0058 / Low: 0.0055). On the other end, October was the most stable month, with a tight range of 0.0001 SHP (High: 0.0056 / Low: 0.0054).

June Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0063) against the same month in 2022 (average: 0.0064), the exchange rate shifted by -0.0001 (-2.32%).

2023 Avg (January) 0.0063

2022 Avg (January) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0062	0.0063
February	0.0064	0.0061	0.0062
March	0.0063	0.0061	0.0062
April	0.0061	0.0058	0.0060
May	0.0059	0.0057	0.0058
June	0.0058	0.0055	0.0056
July	0.0056	0.0054	0.0055
August	0.0055	0.0054	0.0054
September	0.0055	0.0054	0.0055
October	0.0056	0.0054	0.0055
November	0.0055	0.0053	0.0054
December	0.0056	0.0054	0.0055