2023 JPY to SYP Historical Review

YEARLY HIGH

19.6453 SYP

YEARLY LOW

16.5680 SYP

YEARLY AVERAGE

17.9258 SYP

2023 JPY to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 19.6453. Conversely, the yearly low was recorded on November 13, dropping to 16.5680.

This high-to-low spread represents a total annual volatility of 3.0773 SYP. From a start-to-finish perspective, comparing the January average rate of 19.3033 to the December average rate of 17.4917, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.6453 was down 11.08% compared to the 2022 peak of 22.0942, 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 9,822,629 SYP

2022 Average 9,619,509 SYP

Yearly Trough Low 8,283,987 SYP

Transaction Impact: A difference of 1,538,642.05 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.5563

16.5201

JanuMarcMayJulySeptNove

JPY to SYP 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 18.6484, compared to 17.2032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4452 points.

H1 Avg (Jan–Jun) 18.6484

H2 Avg (Jul–Dec) 17.2032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1277 SYP (High: 19.5365 / Low: 18.4088). On the other end, October was the most stable month, with a tight range of 0.3345 SYP (High: 16.9382 / Low: 16.6038).

February Spread (Volatile) ±1.1277

October Spread (Stable) ±0.3345

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 0.5315 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 19.3033) against the same month in 2022 (average: 21.8748), the exchange rate shifted by -2.5715 (-11.76%).

2023 Avg (January) 19.3033

2022 Avg (January) 21.8748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.6453	18.8455	19.3033
February	19.5365	18.4088	18.8680
March	19.2163	18.2877	18.8123
April	19.1888	18.4194	18.8137
May	18.7369	17.8338	18.3123
June	18.1090	17.3522	17.7808
July	18.1980	17.3755	17.8020
August	17.7245	17.1448	17.3535
September	17.1851	16.8068	16.9991
October	16.9382	16.6038	16.8001
November	17.0853	16.5680	16.7731
December	17.8162	17.0564	17.4917