YEARLY HIGH
0.8876 JPY
YEARLY LOW
0.7482 JPY
YEARLY AVERAGE
0.8064 JPY

2023 LRD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.8876. Conversely, the yearly low was recorded on December 30, dropping to 0.7482.

This high-to-low spread represents a total annual volatility of 0.1393 JPY. From a start-to-finish perspective, comparing the January average rate of 0.8379 to the December average rate of 0.7633, the exchange rate registered a net change of -8.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8876 was down 9.28% compared to the 2022 peak of 0.9783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LRD based on timing:

Yearly Peak High 4,438 JPY
2022 Average 4,298 JPY
Yearly Trough Low 3,741 JPY
Transaction Impact: A difference of 696.58 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8603
0.7545
JanuMarcMayJulySeptNove

LRD to JPY 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 0.8295, compared to 0.7834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0462 points.

H1 Avg (Jan–Jun) 0.8295
H2 Avg (Jul–Dec) 0.7834

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0679 JPY (High: 0.8876 / Low: 0.8197). On the other end, October was the most stable month, with a tight range of 0.0120 JPY (High: 0.8071 / Low: 0.7950).

February Spread (Volatile) ±0.0679
October Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0409 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8514) against the same month in 2022 (average: 0.7499), the exchange rate shifted by +0.1016 (+13.55%).

2023 Avg (February) 0.8514
2022 Avg (February) 0.7499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8629 0.8211 0.8379
February 0.8876 0.8197 0.8514
March 0.8585 0.8130 0.8378
April 0.8262 0.8060 0.8188
May 0.8389 0.8054 0.8218
June 0.8272 0.7987 0.8094
July 0.8018 0.7490 0.7685
August 0.7879 0.7599 0.7772
September 0.8009 0.7861 0.7932
October 0.8071 0.7950 0.8003
November 0.8077 0.7820 0.7977
December 0.7829 0.7482 0.7633