2023 SCR to JPY Historical Review

YEARLY HIGH

11.7997 JPY

YEARLY LOW

9.1031 JPY

YEARLY AVERAGE

10.4627 JPY

2023 SCR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 11.7997. Conversely, the yearly low was recorded on January 18, dropping to 9.1031.

This high-to-low spread represents a total annual volatility of 2.6966 JPY. From a start-to-finish perspective, comparing the January average rate of 9.6186 to the December average rate of 10.6982, the exchange rate registered a net change of 11.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.7997 was up 1.77% compared to the 2022 peak of 11.5941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,999 JPY

2022 Average 48,607 JPY

Yearly Trough Low 45,516 JPY

Transaction Impact: A difference of 13,482.97 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4144

9.4554

JanuMarcMayJulySeptNove

SCR 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 9.9606, compared to 10.9647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0041 points.

H1 Avg (Jan–Jun) 9.9606

H2 Avg (Jul–Dec) 10.9647

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.3445 JPY (High: 10.4748 / Low: 9.1303). On the other end, August was the most stable month, with a tight range of 0.5261 JPY (High: 11.0693 / Low: 10.5432).

February Spread (Volatile) ±1.3445

August Spread (Stable) ±0.5261

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5186 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.2264) against the same month in 2022 (average: 11.0127), the exchange rate shifted by +0.2137 (+1.94%).

2023 Avg (October) 11.2264

2022 Avg (October) 11.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1831	9.1031	9.6186
February	10.4748	9.1303	9.8374
March	10.3859	9.4513	9.9289
April	10.3991	9.3595	9.8913
May	10.6577	9.6799	10.1700
June	11.0319	9.9006	10.3174
July	11.0541	9.7750	10.5672
August	11.0693	10.5432	10.8286
September	11.6520	10.8384	11.2511
October	11.7997	10.8202	11.2264
November	11.5775	10.7143	11.2167
December	11.2271	10.1756	10.6982