YEARLY HIGH
0.0097 CAD
YEARLY LOW
0.0084 CAD
YEARLY AVERAGE
0.0091 CAD

2024 JPY to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.0097. Conversely, the yearly low was recorded on July 10, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0012 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0093, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0097 was down 8.55% compared to the 2023 peak of 0.0106, 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 4,827 CAD
2023 Average 4,814 CAD
Yearly Trough Low 4,214 CAD
Transaction Impact: A difference of 613.20 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0096
0.0086
JanuMarcMayJulySeptNove

JPY to CAD 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 0.0089, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0008 CAD (High: 0.0092 / Low: 0.0084). On the other end, February was the most stable month, with a tight range of 0.0002 CAD (High: 0.0091 / Low: 0.0090).

July Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0095) against the same month in 2023 (average: 0.0092), the exchange rate shifted by +0.0003 (+3.31%).

2024 Avg (September) 0.0095
2023 Avg (September) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0094 0.0091 0.0092
February 0.0091 0.0090 0.0090
March 0.0092 0.0089 0.0090
April 0.0090 0.0086 0.0089
May 0.0089 0.0087 0.0088
June 0.0088 0.0085 0.0087
July 0.0092 0.0084 0.0087
August 0.0095 0.0092 0.0093
September 0.0097 0.0092 0.0095
October 0.0094 0.0091 0.0092
November 0.0094 0.0090 0.0091
December 0.0094 0.0091 0.0093