YEARLY HIGH
0.0038 JPY
YEARLY LOW
0.0033 JPY
YEARLY AVERAGE
0.0036 JPY

2024 IRR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0038. Conversely, the yearly low was recorded on September 16, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0005 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0037, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0038 was up 7.00% compared to the 2023 peak of 0.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 JPY
2023 Average 17 JPY
Yearly Trough Low 17 JPY
Transaction Impact: A difference of 2.47 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0038
0.0034
JanuMarcMayJulySeptNove

IRR 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 0.0036, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0036
H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0003 JPY (High: 0.0038 / Low: 0.0036). On the other end, May was the most stable month, with a tight range of 0.0001 JPY (High: 0.0037 / Low: 0.0036).

July Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0037) against the same month in 2023 (average: 0.0033), the exchange rate shifted by +0.0004 (+11.98%).

2024 Avg (July) 0.0037
2023 Avg (July) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0034 0.0035
February 0.0036 0.0035 0.0036
March 0.0036 0.0035 0.0036
April 0.0038 0.0036 0.0037
May 0.0037 0.0036 0.0037
June 0.0038 0.0037 0.0038
July 0.0038 0.0036 0.0037
August 0.0035 0.0034 0.0035
September 0.0035 0.0033 0.0034
October 0.0036 0.0034 0.0036
November 0.0037 0.0036 0.0036
December 0.0037 0.0036 0.0037