YEARLY HIGH
0.0056 GBP
YEARLY LOW
0.0048 GBP
YEARLY AVERAGE
0.0052 GBP

2024 JPY to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0056. Conversely, the yearly low was recorded on July 10, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0008 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0051, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0056 was down 12.84% compared to the 2023 peak of 0.0064, 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 2,786 GBP
2023 Average 2,869 GBP
Yearly Trough Low 2,407 GBP
Transaction Impact: A difference of 378.81 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0054
0.0049
JanuMarcMayJulySeptNove

JPY to GBP 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 0.0052, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0052
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0004 GBP (High: 0.0052 / Low: 0.0048). On the other end, February was the most stable month, with a tight range of 0.0001 GBP (High: 0.0054 / Low: 0.0052).

July Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0054) against the same month in 2023 (average: 0.0063), the exchange rate shifted by -0.0009 (-14.19%).

2024 Avg (January) 0.0054
2023 Avg (January) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0053 0.0054
February 0.0054 0.0052 0.0053
March 0.0053 0.0052 0.0053
April 0.0053 0.0051 0.0052
May 0.0052 0.0050 0.0051
June 0.0050 0.0049 0.0050
July 0.0052 0.0048 0.0049
August 0.0054 0.0052 0.0053
September 0.0054 0.0051 0.0053
October 0.0052 0.0050 0.0051
November 0.0052 0.0050 0.0051
December 0.0053 0.0050 0.0051