2023 SBD to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 18.0920. Conversely, the yearly low was recorded on January 14, dropping to 15.4103.
This high-to-low spread represents a total annual volatility of 2.6817 JPY. From a start-to-finish perspective, comparing the January average rate of 15.7515 to the December average rate of 16.9871, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.0920 was down 1.61% compared to the 2022 peak of 18.3886, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.2842, compared to 17.3756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0913 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.9632 JPY (High: 16.5622 / Low: 15.5989). On the other end, September was the most stable month, with a tight range of 0.4321 JPY (High: 17.8619 / Low: 17.4298).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7701 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 17.7573) against the same month in 2022 (average: 17.2394), the exchange rate shifted by +0.5179 (+3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1314 | 15.4103 | 15.7515 |
| February | 16.5622 | 15.5989 | 16.1773 |
| March | 16.6413 | 15.8863 | 16.2333 |
| April | 16.3655 | 15.7998 | 16.1064 |
| May | 16.9051 | 16.0903 | 16.4818 |
| June | 17.3809 | 16.6477 | 16.9551 |
| July | 17.3330 | 16.4872 | 16.8749 |
| August | 17.5177 | 16.9385 | 17.3027 |
| September | 17.8619 | 17.4298 | 17.5970 |
| October | 17.9440 | 17.5023 | 17.7344 |
| November | 18.0920 | 17.3516 | 17.7573 |
| December | 17.3813 | 16.7339 | 16.9871 |