2023 USD to JPY Historical Review

YEARLY HIGH

151.6498 JPY

YEARLY LOW

127.8950 JPY

YEARLY AVERAGE

140.4925 JPY

2023 USD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the USD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 151.6498. Conversely, the yearly low was recorded on January 14, dropping to 127.8950.

This high-to-low spread represents a total annual volatility of 23.7548 JPY. From a start-to-finish perspective, comparing the January average rate of 130.1773 to the December average rate of 143.6707, 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 151.6498 was up 0.98% compared to the 2022 peak of 150.1740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 758,249 JPY

2022 Average 657,219 JPY

Yearly Trough Low 639,475 JPY

Transaction Impact: A difference of 118,774.08 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

151.7682

128.2144

JanuMarcMayJulySeptNove

USD 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 134.8501, compared to 146.1349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.2849 points.

H1 Avg (Jan–Jun) 134.8501

H2 Avg (Jul–Dec) 146.1349

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.8782 JPY (High: 136.4850 / Low: 128.6068). On the other end, October was the most stable month, with a tight range of 2.9880 JPY (High: 151.3230 / Low: 148.3350).

February Spread (Volatile) ±7.8782

October Spread (Stable) ±2.9880

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 6.1347 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.1347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 149.8054) against the same month in 2022 (average: 141.8254), the exchange rate shifted by +7.9800 (+5.63%).

2023 Avg (November) 149.8054

2022 Avg (November) 141.8254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	133.3222	127.8950	130.1773
February	136.4850	128.6068	133.2004
March	137.3891	130.7500	133.5931
April	136.4065	130.9375	133.5609
May	140.8859	134.0955	137.2381
June	144.7963	138.7448	141.3307
July	144.6022	138.0660	141.1662
August	146.5480	141.7550	144.8013
September	149.4951	146.2041	147.8098
October	151.3230	148.3350	149.5563
November	151.6498	147.0580	149.8054
December	147.3073	141.0250	143.6707