YEARLY HIGH
20.3464 CDF
YEARLY LOW
17.5977 CDF
YEARLY AVERAGE
18.6042 CDF

2024 JPY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 20.3464. Conversely, the yearly low was recorded on July 2, dropping to 17.5977.

This high-to-low spread represents a total annual volatility of 2.7488 CDF. From a start-to-finish perspective, comparing the January average rate of 18.6244 to the December average rate of 18.5375, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.3464 was up 3.51% compared to the 2023 peak of 19.6568, 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 10,173,224 CDF
2023 Average 8,301,072 CDF
Yearly Trough Low 8,798,827 CDF
Transaction Impact: A difference of 1,374,396.47 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.1115
17.7129
JanuMarcMayJulySeptNove

JPY to CDF 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 18.2605, compared to 18.9478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6873 points.

H1 Avg (Jan–Jun) 18.2605
H2 Avg (Jul–Dec) 18.9478

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.4434 CDF (High: 19.4002 / Low: 17.9568). On the other end, May was the most stable month, with a tight range of 0.4792 CDF (High: 18.2354 / Low: 17.7562).

January Spread (Volatile) ±1.4434
May Spread (Stable) ±0.4792

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 0.8614 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 19.9117) against the same month in 2023 (average: 16.8042), the exchange rate shifted by +3.1075 (+18.49%).

2024 Avg (September) 19.9117
2023 Avg (September) 16.8042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4002 17.9568 18.6244
February 18.7417 18.2469 18.4227
March 18.9113 18.2450 18.5261
April 18.6284 17.6473 18.1256
May 18.2354 17.7562 17.9515
June 18.1543 17.6435 17.9128
July 19.0410 17.5977 18.0569
August 19.7449 19.1256 19.4847
September 20.3464 19.3697 19.9117
October 19.8571 18.6204 19.0503
November 19.1713 18.3131 18.6460
December 19.1506 18.0036 18.5375