2024 JPY to CVE Historical Review

YEARLY HIGH

0.7095 CVE

YEARLY LOW

0.6305 CVE

YEARLY AVERAGE

0.6740 CVE

2024 JPY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 0.7095. Conversely, the yearly low was recorded on July 10, dropping to 0.6305.

This high-to-low spread represents a total annual volatility of 0.0790 CVE. From a start-to-finish perspective, comparing the January average rate of 0.6920 to the December average rate of 0.6834, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7095 was down 11.32% compared to the 2023 peak of 0.8000, 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 354,734 CVE

2023 Average 364,038 CVE

Yearly Trough Low 315,225 CVE

Transaction Impact: A difference of 39,508.91 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6997

0.6408

JanuMarcMayJulySeptNove

JPY to CVE 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 0.6709, compared to 0.6770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.6709

H2 Avg (Jul–Dec) 0.6770

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0505 CVE (High: 0.6810 / Low: 0.6305). On the other end, June was the most stable month, with a tight range of 0.0168 CVE (High: 0.6560 / Low: 0.6392).

July Spread (Volatile) ±0.0505

June Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0190 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.6948) against the same month in 2023 (average: 0.6987), the exchange rate shifted by -0.0039 (-0.56%).

2024 Avg (September) 0.6948

2023 Avg (September) 0.6987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7074	0.6832	0.6920
February	0.6971	0.6753	0.6836
March	0.6908	0.6665	0.6781
April	0.6776	0.6498	0.6670
May	0.6770	0.6456	0.6561
June	0.6560	0.6392	0.6487
July	0.6810	0.6305	0.6457
August	0.6995	0.6734	0.6861
September	0.7095	0.6790	0.6948
October	0.6921	0.6653	0.6758
November	0.6991	0.6568	0.6763
December	0.7023	0.6691	0.6834