2023 JPY to XCD Historical Review

YEARLY HIGH

0.0211 XCD

YEARLY LOW

0.0178 XCD

YEARLY AVERAGE

0.0193 XCD

2023 JPY to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0211. Conversely, the yearly low was recorded on November 13, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0033 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0208 to the December average rate of 0.0188, 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 0.0211 was down 11.10% compared to the 2022 peak of 0.0238, 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 10,566 XCD

2022 Average 10,348 XCD

Yearly Trough Low 8,910 XCD

Transaction Impact: A difference of 1,655.01 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0210

0.0178

JanuMarcMayJulySeptNove

JPY to XCD 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 0.0201, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0201

H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 XCD (High: 0.0210 / Low: 0.0198). On the other end, October was the most stable month, with a tight range of 0.0004 XCD (High: 0.0182 / Low: 0.0179).

February Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0208) against the same month in 2022 (average: 0.0235), the exchange rate shifted by -0.0028 (-11.77%).

2023 Avg (January) 0.0208

2022 Avg (January) 0.0235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0203	0.0208
February	0.0210	0.0198	0.0203
March	0.0207	0.0197	0.0202
April	0.0206	0.0198	0.0202
May	0.0202	0.0192	0.0197
June	0.0195	0.0187	0.0191
July	0.0196	0.0187	0.0191
August	0.0191	0.0184	0.0187
September	0.0185	0.0181	0.0183
October	0.0182	0.0179	0.0181
November	0.0184	0.0178	0.0180
December	0.0192	0.0183	0.0188