2024 BND to JPY Historical Review

YEARLY HIGH

119.7352 JPY

YEARLY LOW

106.6570 JPY

YEARLY AVERAGE

113.3424 JPY

2024 BND to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 119.7352. Conversely, the yearly low was recorded on January 1, dropping to 106.6570.

This high-to-low spread represents a total annual volatility of 13.0782 JPY. From a start-to-finish perspective, comparing the January average rate of 109.4831 to the December average rate of 114.0935, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 119.7352 was up 6.78% compared to the 2023 peak of 112.1375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598,676 JPY

2023 Average 523,197 JPY

Yearly Trough Low 533,285 JPY

Transaction Impact: A difference of 65,391.12 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

117.7824

108.7286

JanuMarcMayJulySeptNove

BND 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 113.0421, compared to 113.6427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6006 points.

H1 Avg (Jan–Jun) 113.0421

H2 Avg (Jul–Dec) 113.6427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 8.4457 JPY (High: 119.7352 / Low: 111.2895). On the other end, February was the most stable month, with a tight range of 2.6834 JPY (High: 112.1621 / Low: 109.4787).

July Spread (Volatile) ±8.4457

February Spread (Stable) ±2.6834

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.8868 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.8868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 117.0279) against the same month in 2023 (average: 105.7786), the exchange rate shifted by +11.2493 (+10.63%).

2024 Avg (July) 117.0279

2023 Avg (July) 105.7786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	110.7378	106.6570	109.4831
February	112.1621	109.4787	111.2706
March	113.1908	110.3053	111.7171
April	115.9433	112.0341	113.5842
May	116.6411	112.6105	115.2533
June	118.8551	115.1206	116.9442
July	119.7352	111.2895	117.0279
August	112.8730	109.0198	111.1411
September	112.8920	107.8504	110.3549
October	115.9316	111.7320	114.4095
November	116.3015	111.7140	114.8290
December	116.2917	111.1912	114.0935