2023 JPY to SZL Historical Review

YEARLY HIGH

0.1425 SZL

YEARLY LOW

0.1201 SZL

YEARLY AVERAGE

0.1314 SZL

2023 JPY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.1425. Conversely, the yearly low was recorded on November 15, dropping to 0.1201.

This high-to-low spread represents a total annual volatility of 0.0224 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1314 to the December average rate of 0.1297, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1425 was up 2.84% compared to the 2022 peak of 0.1386, 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 71,250 SZL

2022 Average 62,375 SZL

Yearly Trough Low 60,049 SZL

Transaction Impact: A difference of 11,201.38 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1403

0.1221

JanuMarcMayJulySeptNove

JPY to SZL 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 0.1349, compared to 0.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1349

H2 Avg (Jul–Dec) 0.1280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0150 SZL (High: 0.1425 / Low: 0.1275). On the other end, September was the most stable month, with a tight range of 0.0046 SZL (High: 0.1304 / Low: 0.1258).

June Spread (Volatile) ±0.0150

September Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and March, 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 0.0063 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1325) against the same month in 2022 (average: 0.1177), the exchange rate shifted by +0.0147 (+12.52%).

2023 Avg (June) 0.1325

2022 Avg (June) 0.1177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1342	0.1273	0.1314
February	0.1362	0.1307	0.1344
March	0.1405	0.1332	0.1367
April	0.1384	0.1331	0.1357
May	0.1419	0.1336	0.1387
June	0.1425	0.1275	0.1325
July	0.1334	0.1245	0.1291
August	0.1338	0.1260	0.1297
September	0.1304	0.1258	0.1282
October	0.1309	0.1241	0.1275
November	0.1274	0.1201	0.1236
December	0.1342	0.1271	0.1297