YEARLY HIGH
0.0142 BBD
YEARLY LOW
0.0124 BBD
YEARLY AVERAGE
0.0132 BBD

2024 JPY to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0142. Conversely, the yearly low was recorded on July 10, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0018 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0130, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0142 was down 9.16% compared to the 2023 peak of 0.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 7,102 BBD
2023 Average 7,133 BBD
Yearly Trough Low 6,188 BBD
Transaction Impact: A difference of 914.04 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0141
0.0125
JanuMarcMayJulySeptNove

JPY to BBD 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 0.0131, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0010 BBD (High: 0.0134 / Low: 0.0124). On the other end, May was the most stable month, with a tight range of 0.0004 BBD (High: 0.0131 / Low: 0.0127).

July Spread (Volatile) ±0.0010
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0140) against the same month in 2023 (average: 0.0135), the exchange rate shifted by +0.0004 (+3.32%).

2024 Avg (September) 0.0140
2023 Avg (September) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0135 0.0137
February 0.0137 0.0133 0.0134
March 0.0136 0.0132 0.0134
April 0.0132 0.0126 0.0130
May 0.0131 0.0127 0.0128
June 0.0129 0.0124 0.0127
July 0.0134 0.0124 0.0127
August 0.0139 0.0134 0.0137
September 0.0142 0.0136 0.0140
October 0.0139 0.0130 0.0133
November 0.0134 0.0128 0.0130
December 0.0134 0.0127 0.0130