YEARLY HIGH
0.0192 GEL
YEARLY LOW
0.0169 GEL
YEARLY AVERAGE
0.0180 GEL

2024 JPY to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0192. Conversely, the yearly low was recorded on April 28, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0022 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0183, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0192 was down 8.46% compared to the 2023 peak of 0.0210, 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 9,591 GEL
2023 Average 9,352 GEL
Yearly Trough Low 8,467 GEL
Transaction Impact: A difference of 1,124.17 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0190
0.0172
JanuMarcMayJulySeptNove

JPY to GEL 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 0.0178, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0014 GEL (High: 0.0192 / Low: 0.0177). On the other end, March was the most stable month, with a tight range of 0.0005 GEL (High: 0.0181 / Low: 0.0176).

December Spread (Volatile) ±0.0014
March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and June, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0183) against the same month in 2023 (average: 0.0187), the exchange rate shifted by -0.0004 (-2.23%).

2024 Avg (December) 0.0183
2023 Avg (December) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0179 0.0183
February 0.0182 0.0175 0.0177
March 0.0181 0.0176 0.0179
April 0.0178 0.0169 0.0174
May 0.0183 0.0171 0.0174
June 0.0182 0.0174 0.0178
July 0.0181 0.0170 0.0174
August 0.0187 0.0180 0.0184
September 0.0192 0.0183 0.0189
October 0.0190 0.0178 0.0182
November 0.0188 0.0174 0.0178
December 0.0192 0.0177 0.0183