YEARLY HIGH
0.6058 JPY
YEARLY LOW
0.5110 JPY
YEARLY AVERAGE
0.5613 JPY

2023 YER to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.6058. Conversely, the yearly low was recorded on January 14, dropping to 0.5110.

This high-to-low spread represents a total annual volatility of 0.0948 JPY. From a start-to-finish perspective, comparing the January average rate of 0.5200 to the December average rate of 0.5742, the exchange rate registered a net change of 10.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6058 was up 0.94% compared to the 2022 peak of 0.6001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,029 JPY
2022 Average 2,626 JPY
Yearly Trough Low 2,555 JPY
Transaction Impact: A difference of 473.92 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6063
0.5122
JanuMarcMayJulySeptNove

YER 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 0.5387, compared to 0.5838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 0.5387
H2 Avg (Jul–Dec) 0.5838

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0316 JPY (High: 0.5452 / Low: 0.5136). On the other end, October was the most stable month, with a tight range of 0.0124 JPY (High: 0.6047 / Low: 0.5924).

February Spread (Volatile) ±0.0316
October Spread (Stable) ±0.0124

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 0.0243 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5984) against the same month in 2022 (average: 0.5668), the exchange rate shifted by +0.0317 (+5.59%).

2023 Avg (November) 0.5984
2022 Avg (November) 0.5668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5326 0.5110 0.5200
February 0.5452 0.5136 0.5321
March 0.5488 0.5225 0.5337
April 0.5449 0.5230 0.5335
May 0.5628 0.5357 0.5482
June 0.5784 0.5542 0.5646
July 0.5777 0.5515 0.5639
August 0.5856 0.5662 0.5785
September 0.5971 0.5842 0.5904
October 0.6047 0.5924 0.5974
November 0.6058 0.5875 0.5984
December 0.5884 0.5635 0.5742