YEARLY HIGH
0.1115 GHS
YEARLY LOW
0.0809 GHS
YEARLY AVERAGE
0.0956 GHS

2024 JPY to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.1115. Conversely, the yearly low was recorded on January 17, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0306 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0824 to the December average rate of 0.0960, the exchange rate registered a net change of 16.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1115 was up 15.90% compared to the 2023 peak of 0.0962, 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 55,771 GHS
2023 Average 41,690 GHS
Yearly Trough Low 40,463 GHS
Transaction Impact: A difference of 15,307.93 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1125
0.0797
JanuMarcMayJulySeptNove

JPY to GHS 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 0.0876, compared to 0.1036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.0876
H2 Avg (Jul–Dec) 0.1036

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0095 GHS (High: 0.1025 / Low: 0.0930). On the other end, February was the most stable month, with a tight range of 0.0023 GHS (High: 0.0845 / Low: 0.0822).

December Spread (Volatile) ±0.0095
February Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0085 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1098) against the same month in 2023 (average: 0.0777), the exchange rate shifted by +0.0320 (+41.22%).

2024 Avg (September) 0.1098
2023 Avg (September) 0.0777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0850 0.0809 0.0824
February 0.0845 0.0822 0.0833
March 0.0875 0.0843 0.0864
April 0.0884 0.0856 0.0873
May 0.0941 0.0882 0.0912
June 0.0960 0.0937 0.0952
July 0.1038 0.0947 0.0980
August 0.1085 0.1042 0.1067
September 0.1115 0.1066 0.1098
October 0.1101 0.1053 0.1068
November 0.1083 0.1019 0.1045
December 0.1025 0.0930 0.0960