YEARLY HIGH
18.0920 JPY
YEARLY LOW
15.4103 JPY
YEARLY AVERAGE
16.8299 JPY

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.

Transfer Payout Power Comparison

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

Yearly Peak High 90,460 JPY
2022 Average 80,728 JPY
Yearly Trough Low 77,051 JPY
Transaction Impact: A difference of 13,408.71 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.9578
15.5509
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 16.2842
H2 Avg (Jul–Dec) 17.3756

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±0.9632
September Spread (Stable) ±0.4321

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7701

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (November) 17.7573
2022 Avg (November) 17.2394

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