2023 JPY to TWD Historical Review

YEARLY HIGH

0.2369 TWD

YEARLY LOW

0.2110 TWD

YEARLY AVERAGE

0.2220 TWD

2023 JPY to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2369. Conversely, the yearly low was recorded on November 22, dropping to 0.2110.

This high-to-low spread represents a total annual volatility of 0.0259 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2335 to the December average rate of 0.2173, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2369 was down 3.40% compared to the 2022 peak of 0.2452, 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 118,436 TWD

2022 Average 113,636 TWD

Yearly Trough Low 105,486 TWD

Transaction Impact: A difference of 12,949.61 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2355

0.2108

JanuMarcMayJulySeptNove

JPY to TWD 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 0.2267, compared to 0.2172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.2267

H2 Avg (Jul–Dec) 0.2172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0105 TWD (High: 0.2284 / Low: 0.2179). On the other end, October was the most stable month, with a tight range of 0.0028 TWD (High: 0.2170 / Low: 0.2142).

May Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2335) against the same month in 2022 (average: 0.2408), the exchange rate shifted by -0.0073 (-3.03%).

2023 Avg (January) 0.2335

2022 Avg (January) 0.2408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2369	0.2304	0.2335
February	0.2311	0.2246	0.2273
March	0.2323	0.2238	0.2287
April	0.2334	0.2255	0.2288
May	0.2284	0.2179	0.2238
June	0.2210	0.2150	0.2181
July	0.2252	0.2151	0.2210
August	0.2234	0.2172	0.2198
September	0.2182	0.2148	0.2167
October	0.2170	0.2142	0.2159
November	0.2151	0.2110	0.2129
December	0.2207	0.2130	0.2173