YEARLY HIGH
0.2824 SRD
YEARLY LOW
0.2370 SRD
YEARLY AVERAGE
0.2605 SRD

2023 JPY to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.2824. Conversely, the yearly low was recorded on January 5, dropping to 0.2370.

This high-to-low spread represents a total annual volatility of 0.0454 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2444 to the December average rate of 0.2601, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2824 was up 16.42% compared to the 2022 peak of 0.2426, 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 141,224 SRD
2022 Average 91,923 SRD
Yearly Trough Low 118,510 SRD
Transaction Impact: A difference of 22,714.08 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2784
0.2413
JanuMarcMayJulySeptNove

JPY to SRD 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 0.2607, compared to 0.2602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2607
H2 Avg (Jul–Dec) 0.2602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0278 SRD (High: 0.2720 / Low: 0.2442). On the other end, October was the most stable month, with a tight range of 0.0043 SRD (High: 0.2574 / Low: 0.2532).

March Spread (Volatile) ±0.0278
October Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.2722) against the same month in 2022 (average: 0.1627), the exchange rate shifted by +0.1095 (+67.29%).

2023 Avg (May) 0.2722
2022 Avg (May) 0.1627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2505 0.2370 0.2444
February 0.2524 0.2430 0.2463
March 0.2720 0.2442 0.2591
April 0.2795 0.2702 0.2754
May 0.2824 0.2648 0.2722
June 0.2726 0.2601 0.2668
July 0.2764 0.2562 0.2692
August 0.2702 0.2606 0.2643
September 0.2634 0.2556 0.2591
October 0.2574 0.2532 0.2551
November 0.2578 0.2505 0.2536
December 0.2653 0.2552 0.2601