2024 CAD to JPY Historical Review

YEARLY HIGH

118.6549 JPY

YEARLY LOW

103.5818 JPY

YEARLY AVERAGE

110.5389 JPY

2024 CAD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 118.6549. Conversely, the yearly low was recorded on September 14, dropping to 103.5818.

This high-to-low spread represents a total annual volatility of 15.0731 JPY. From a start-to-finish perspective, comparing the January average rate of 108.9320 to the December average rate of 107.9986, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 118.6549 was up 7.16% compared to the 2023 peak of 110.7302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 593,274 JPY

2023 Average 520,421 JPY

Yearly Trough Low 517,909 JPY

Transaction Impact: A difference of 75,365.42 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

116.3370

104.6225

JanuMarcMayJulySeptNove

CAD 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 112.0514, compared to 109.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0250 points.

H1 Avg (Jan–Jun) 112.0514

H2 Avg (Jul–Dec) 109.0264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 10.1834 JPY (High: 118.6549 / Low: 108.4715). On the other end, February was the most stable month, with a tight range of 2.1818 JPY (High: 111.6089 / Low: 109.4272).

July Spread (Volatile) ±10.1834

February Spread (Stable) ±2.1818

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 7.8944 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.8944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 114.8901) against the same month in 2023 (average: 106.6992), the exchange rate shifted by +8.1910 (+7.68%).

2024 Avg (July) 114.8901

2023 Avg (July) 106.6992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	110.2729	106.5472	108.9320
February	111.6089	109.4272	110.8727
March	112.0908	108.7156	110.6004
April	115.8413	111.2583	112.5982
May	115.2660	111.9592	113.9441
June	117.6758	113.4142	115.3608
July	118.6549	108.4715	114.8901
August	108.6431	104.8778	106.9957
September	108.7150	103.5818	105.5988
October	110.3958	106.5225	108.9429
November	111.2928	106.8495	109.7324
December	109.6254	105.9033	107.9986