2023 SYP to JPY Historical Review

YEARLY HIGH

0.0604 JPY

YEARLY LOW

0.0509 JPY

YEARLY AVERAGE

0.0559 JPY

2023 SYP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0604. Conversely, the yearly low was recorded on January 14, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0095 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0518 to the December average rate of 0.0572, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0604 was up 0.98% compared to the 2022 peak of 0.0598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 302 JPY

2022 Average 262 JPY

Yearly Trough Low 255 JPY

Transaction Impact: A difference of 47.27 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0604

0.0510

JanuMarcMayJulySeptNove

SYP 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 0.0537, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0537

H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0031 JPY (High: 0.0543 / Low: 0.0512). On the other end, October was the most stable month, with a tight range of 0.0012 JPY (High: 0.0602 / Low: 0.0590).

February Spread (Volatile) ±0.0031

October Spread (Stable) ±0.0012

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 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0596) against the same month in 2022 (average: 0.0564), the exchange rate shifted by +0.0032 (+5.63%).

2023 Avg (November) 0.0596

2022 Avg (November) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0531	0.0509	0.0518
February	0.0543	0.0512	0.0530
March	0.0547	0.0520	0.0532
April	0.0543	0.0521	0.0532
May	0.0561	0.0534	0.0546
June	0.0576	0.0552	0.0563
July	0.0576	0.0550	0.0562
August	0.0583	0.0564	0.0576
September	0.0595	0.0582	0.0588
October	0.0602	0.0590	0.0595
November	0.0604	0.0585	0.0596
December	0.0586	0.0561	0.0572