2024 GMD to JPY Historical Review

YEARLY HIGH

2.3843 JPY

YEARLY LOW

1.9931 JPY

YEARLY AVERAGE

2.2024 JPY

2024 GMD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 2.3843. Conversely, the yearly low was recorded on September 12, dropping to 1.9931.

This high-to-low spread represents a total annual volatility of 0.3912 JPY. From a start-to-finish perspective, comparing the January average rate of 2.1722 to the December average rate of 2.1449, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3843 was down 2.37% compared to the 2023 peak of 2.4421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,921 JPY

2023 Average 11,288 JPY

Yearly Trough Low 9,966 JPY

Transaction Impact: A difference of 1,955.90 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3609

2.0292

JanuMarcMayJulySeptNove

GMD 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 2.2483, compared to 2.1565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0918 points.

H1 Avg (Jan–Jun) 2.2483

H2 Avg (Jul–Dec) 2.1565

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2292 JPY (High: 2.3843 / Low: 2.1551). On the other end, February was the most stable month, with a tight range of 0.0640 JPY (High: 2.2371 / Low: 2.1731).

July Spread (Volatile) ±0.2292

February Spread (Stable) ±0.0640

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 0.2290 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.3229) against the same month in 2023 (average: 2.3669), the exchange rate shifted by -0.0439 (-1.86%).

2024 Avg (July) 2.3229

2023 Avg (July) 2.3669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2028	2.0957	2.1722
February	2.2371	2.1731	2.2133
March	2.2324	2.1587	2.2046
April	2.3293	2.2274	2.2688
May	2.3257	2.2591	2.2979
June	2.3748	2.2887	2.3332
July	2.3843	2.1551	2.3229
August	2.1625	2.0278	2.0940
September	2.1180	1.9931	2.0568
October	2.2053	2.0683	2.1640
November	2.2042	2.1092	2.1566
December	2.1931	2.0964	2.1449