YEARLY HIGH
0.0684 SVC
YEARLY LOW
0.0575 SVC
YEARLY AVERAGE
0.0624 SVC

2023 JPY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0684. Conversely, the yearly low was recorded on November 11, dropping to 0.0575.

This high-to-low spread represents a total annual volatility of 0.0109 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0672 to the December average rate of 0.0610, the exchange rate registered a net change of -9.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0684 was down 11.12% compared to the 2022 peak of 0.0770, 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 34,212 SVC
2022 Average 33,504 SVC
Yearly Trough Low 28,768 SVC
Transaction Impact: A difference of 5,443.70 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0681
0.0575
JanuMarcMayJulySeptNove

JPY to SVC 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 0.0649, compared to 0.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0649
H2 Avg (Jul–Dec) 0.0599

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0040 SVC (High: 0.0680 / Low: 0.0641). On the other end, October was the most stable month, with a tight range of 0.0012 SVC (High: 0.0590 / Low: 0.0578).

February Spread (Volatile) ±0.0040
October Spread (Stable) ±0.0012

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 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0672) against the same month in 2022 (average: 0.0762), the exchange rate shifted by -0.0090 (-11.75%).

2023 Avg (January) 0.0672
2022 Avg (January) 0.0762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0684 0.0657 0.0672
February 0.0680 0.0641 0.0657
March 0.0670 0.0637 0.0654
April 0.0669 0.0633 0.0655
May 0.0653 0.0622 0.0637
June 0.0630 0.0604 0.0619
July 0.0634 0.0602 0.0619
August 0.0617 0.0597 0.0604
September 0.0599 0.0586 0.0592
October 0.0590 0.0578 0.0585
November 0.0595 0.0575 0.0583
December 0.0622 0.0594 0.0610