2024 JPY to ETB Historical Review

YEARLY HIGH

0.8462 ETB

YEARLY LOW

0.3553 ETB

YEARLY AVERAGE

0.5459 ETB

2024 JPY to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.8462. Conversely, the yearly low was recorded on July 2, dropping to 0.3553.

This high-to-low spread represents a total annual volatility of 0.4910 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3861 to the December average rate of 0.8224, the exchange rate registered a net change of 113.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8462 was up 101.17% compared to the 2023 peak of 0.4207, 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 423,121 ETB

2023 Average 195,125 ETB

Yearly Trough Low 177,626 ETB

Transaction Impact: A difference of 245,495.53 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8683

0.3179

JanuMarcMayJulySeptNove

JPY to ETB 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 0.3741, compared to 0.7177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3435 points.

H1 Avg (Jan–Jun) 0.3741

H2 Avg (Jul–Dec) 0.7177

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2549 ETB (High: 0.7831 / Low: 0.5282). On the other end, February was the most stable month, with a tight range of 0.0098 ETB (High: 0.3854 / Low: 0.3756).

August Spread (Volatile) ±0.2549

February Spread (Stable) ±0.0098

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 March and April, when the average rate fell by 0.0094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8224) against the same month in 2023 (average: 0.3910), the exchange rate shifted by +0.4314 (+110.35%).

2024 Avg (December) 0.8224

2023 Avg (December) 0.3910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4002	0.3807	0.3861
February	0.3854	0.3756	0.3785
March	0.3870	0.3720	0.3789
April	0.3757	0.3602	0.3695
May	0.3740	0.3636	0.3681
June	0.3702	0.3584	0.3637
July	0.5036	0.3553	0.3701
August	0.7831	0.5282	0.7040
September	0.8385	0.7544	0.8073
October	0.8237	0.7822	0.8031
November	0.8423	0.7791	0.7992
December	0.8462	0.7930	0.8224