2024 JPY to CNY Historical Review

YEARLY HIGH

0.0504 CNY

YEARLY LOW

0.0450 CNY

YEARLY AVERAGE

0.0474 CNY

2024 JPY to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0504. Conversely, the yearly low was recorded on July 3, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0054 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0473, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0504 was down 4.59% compared to the 2023 peak of 0.0528, 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 25,190 CNY

2023 Average 25,200 CNY

Yearly Trough Low 22,494 CNY

Transaction Impact: A difference of 2,696.67 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0498

0.0453

JanuMarcMayJulySeptNove

JPY to CNY 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 0.0472, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0472

H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0032 CNY (High: 0.0482 / Low: 0.0450). On the other end, February was the most stable month, with a tight range of 0.0011 CNY (High: 0.0485 / Low: 0.0474).

July Spread (Volatile) ±0.0032

February Spread (Stable) ±0.0011

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 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0495) against the same month in 2023 (average: 0.0493), the exchange rate shifted by +0.0001 (+0.23%).

2024 Avg (September) 0.0495

2023 Avg (September) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0502	0.0478	0.0487
February	0.0485	0.0474	0.0478
March	0.0490	0.0475	0.0481
April	0.0478	0.0458	0.0469
May	0.0473	0.0451	0.0460
June	0.0464	0.0451	0.0456
July	0.0482	0.0450	0.0461
August	0.0495	0.0480	0.0489
September	0.0504	0.0483	0.0495
October	0.0489	0.0464	0.0473
November	0.0484	0.0462	0.0470
December	0.0487	0.0462	0.0473