2023 XCD to JPY Historical Review

YEARLY HIGH

56.1136 JPY

YEARLY LOW

47.3238 JPY

YEARLY AVERAGE

51.9852 JPY

2023 XCD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 56.1136. Conversely, the yearly low was recorded on January 14, dropping to 47.3238.

This high-to-low spread represents a total annual volatility of 8.7898 JPY. From a start-to-finish perspective, comparing the January average rate of 48.1683 to the December average rate of 53.1611, 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 56.1136 was up 0.98% compared to the 2022 peak of 55.5675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280,568 JPY

2022 Average 243,186 JPY

Yearly Trough Low 236,619 JPY

Transaction Impact: A difference of 43,948.89 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.1574

47.4420

JanuMarcMayJulySeptNove

XCD 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 49.8973, compared to 54.0730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1756 points.

H1 Avg (Jan–Jun) 49.8973

H2 Avg (Jul–Dec) 54.0730

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.9151 JPY (High: 50.5023 / Low: 47.5872). On the other end, October was the most stable month, with a tight range of 1.1056 JPY (High: 55.9927 / Low: 54.8871).

February Spread (Volatile) ±2.9151

October Spread (Stable) ±1.1056

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 2.2700 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.2700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 55.4311) against the same month in 2022 (average: 52.4784), the exchange rate shifted by +2.9528 (+5.63%).

2023 Avg (November) 55.4311

2022 Avg (November) 52.4784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.3320	47.3238	48.1683
February	50.5023	47.5872	49.2869
March	50.8368	48.3802	49.4322
April	50.4733	48.4496	49.4203
May	52.1307	49.6181	50.7810
June	53.5777	51.3385	52.2953
July	53.5059	51.0873	52.2345
August	54.2258	52.4523	53.5795
September	55.3163	54.0986	54.6927
October	55.9927	54.8871	55.3390
November	56.1136	54.4145	55.4311
December	54.5068	52.1822	53.1611