2024 CNY to JPY Historical Review

YEARLY HIGH

22.2286 JPY

YEARLY LOW

19.8490 JPY

YEARLY AVERAGE

21.1010 JPY

2024 CNY to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 22.2286. Conversely, the yearly low was recorded on September 16, dropping to 19.8490.

This high-to-low spread represents a total annual volatility of 2.3796 JPY. From a start-to-finish perspective, comparing the January average rate of 20.5567 to the December average rate of 21.1541, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.2286 was up 5.39% compared to the 2023 peak of 21.0927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 555,715 JPY

2023 Average 496,360 JPY

Yearly Trough Low 496,225 JPY

Transaction Impact: A difference of 59,490.64 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.0785

20.0549

JanuMarcMayJulySeptNove

CNY 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 21.2037, compared to 20.9984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2054 points.

H1 Avg (Jan–Jun) 21.2037

H2 Avg (Jul–Dec) 20.9984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.4777 JPY (High: 22.2286 / Low: 20.7509). On the other end, February was the most stable month, with a tight range of 0.4751 JPY (High: 21.1011 / Low: 20.6260).

July Spread (Volatile) ±1.4777

February Spread (Stable) ±0.4751

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 1.2497 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 21.7115) against the same month in 2023 (average: 19.6423), the exchange rate shifted by +2.0692 (+10.53%).

2024 Avg (July) 21.7115

2023 Avg (July) 19.6423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9106	19.9354	20.5567
February	21.1011	20.6260	20.9032
March	21.0630	20.4239	20.8096
April	21.8343	20.9122	21.3106
May	22.1613	21.1481	21.7324
June	22.1590	21.5525	21.9099
July	22.2286	20.7509	21.7115
August	20.8242	20.2001	20.4618
September	20.6969	19.8490	20.2235
October	21.5362	20.4435	21.1453
November	21.6450	20.6795	21.2940
December	21.6329	20.5382	21.1541