2023 XDR to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 199.9098. Conversely, the yearly low was recorded on January 13, dropping to 171.9132.
This high-to-low spread represents a total annual volatility of 27.9966 JPY. From a start-to-finish perspective, comparing the January average rate of 174.8816 to the December average rate of 191.5999, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 199.9098 was down 4.64% compared to the 2022 peak of 209.6391, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 180.8266, compared to 194.0812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.2546 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 10.6449 JPY (High: 186.7495 / Low: 176.1046). On the other end, September was the most stable month, with a tight range of 2.7578 JPY (High: 196.6418 / Low: 193.8840).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 6.4765 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 198.0765) against the same month in 2022 (average: 191.1160), the exchange rate shifted by +6.9605 (+3.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 177.8227 | 171.9132 | 174.8816 |
| February | 181.7082 | 173.4225 | 178.3885 |
| March | 182.7585 | 174.3486 | 178.2528 |
| April | 186.7495 | 176.1046 | 180.2755 |
| May | 188.3020 | 180.8050 | 184.5244 |
| June | 193.6670 | 184.7649 | 188.6367 |
| July | 193.7748 | 185.3566 | 189.6937 |
| August | 195.1404 | 190.3048 | 193.3044 |
| September | 196.6418 | 193.8840 | 195.4074 |
| October | 198.3305 | 194.6723 | 196.4051 |
| November | 199.9098 | 195.7675 | 198.0765 |
| December | 196.1664 | 187.9554 | 191.5999 |