2023 JPY to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 148.9681. Conversely, the yearly low was recorded on June 29, dropping to 121.9989.
This high-to-low spread represents a total annual volatility of 26.9692 SLL. From a start-to-finish perspective, comparing the January average rate of 135.7169 to the December average rate of 145.9848, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 148.9681 was up 10.57% compared to the 2022 peak of 134.7290, 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 SLL 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 131.1125, compared to 140.1783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0658 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 26.8054 SLL (High: 148.9681 / Low: 122.1627). On the other end, October was the most stable month, with a tight range of 2.7914 SLL (High: 141.3658 / Low: 138.5744).
Growth Streaks & Declines
TrendsBetween June and August, 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 3.7367 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 128.1780) against the same month in 2022 (average: 99.1913), the exchange rate shifted by +28.9867 (+29.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 138.1211 | 132.4986 | 135.7169 |
| February | 137.3566 | 129.4281 | 132.6563 |
| March | 135.1052 | 128.5765 | 132.2646 |
| April | 134.9117 | 129.5026 | 132.2746 |
| May | 131.7345 | 125.3852 | 128.7495 |
| June | 127.3201 | 121.9989 | 125.0128 |
| July | 148.9681 | 122.1627 | 128.1780 |
| August | 147.9278 | 143.0896 | 144.8316 |
| September | 143.4262 | 140.2688 | 141.8738 |
| October | 141.3658 | 138.5744 | 140.2134 |
| November | 142.5934 | 138.2758 | 139.9879 |
| December | 148.6935 | 142.3520 | 145.9848 |