YEARLY HIGH
1.9352 JPY
YEARLY LOW
1.6765 JPY
YEARLY AVERAGE
1.8108 JPY

2024 BTN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 1.9352. Conversely, the yearly low was recorded on September 15, dropping to 1.6765.

This high-to-low spread represents a total annual volatility of 0.2588 JPY. From a start-to-finish perspective, comparing the January average rate of 1.7590 to the December average rate of 1.8132, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9352 was up 6.00% compared to the 2023 peak of 1.8257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,676 JPY
2023 Average 8,510 JPY
Yearly Trough Low 8,382 JPY
Transaction Impact: A difference of 1,293.80 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9128
1.6883
JanuMarcMayJulySeptNove

BTN 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 1.8296, compared to 1.7921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 1.8296
H2 Avg (Jul–Dec) 1.7921

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1444 JPY (High: 1.9352 / Low: 1.7908). On the other end, March was the most stable month, with a tight range of 0.0510 JPY (High: 1.8238 / Low: 1.7728).

July Spread (Volatile) ±0.1444
March Spread (Stable) ±0.0510

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1409 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.8854) against the same month in 2023 (average: 1.7195), the exchange rate shifted by +0.1659 (+9.65%).

2024 Avg (July) 1.8854
2023 Avg (July) 1.7195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7846 1.6916 1.7590
February 1.8209 1.7669 1.8029
March 1.8238 1.7728 1.8049
April 1.8940 1.8134 1.8482
May 1.8923 1.8348 1.8684
June 1.9332 1.8567 1.8941
July 1.9352 1.7908 1.8854
August 1.7833 1.7154 1.7445
September 1.7482 1.6765 1.7070
October 1.8230 1.7164 1.7831
November 1.8544 1.7693 1.8192
December 1.8564 1.7659 1.8132