YEARLY HIGH
0.5017 GMD
YEARLY LOW
0.4194 GMD
YEARLY AVERAGE
0.4548 GMD

2024 JPY to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.5017. Conversely, the yearly low was recorded on July 10, dropping to 0.4194.

This high-to-low spread represents a total annual volatility of 0.0823 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4604 to the December average rate of 0.4663, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5017 was up 3.30% compared to the 2023 peak of 0.4857, 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 250,864 GMD
2023 Average 221,983 GMD
Yearly Trough Low 209,706 GMD
Transaction Impact: A difference of 41,158.17 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4921
0.4229
JanuMarcMayJulySeptNove

JPY to GMD 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 0.4451, compared to 0.4645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.4451
H2 Avg (Jul–Dec) 0.4645

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0446 GMD (High: 0.4640 / Low: 0.4194). On the other end, May was the most stable month, with a tight range of 0.0127 GMD (High: 0.4427 / Low: 0.4300).

July Spread (Volatile) ±0.0446
May Spread (Stable) ±0.0127

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 September and October, when the average rate fell by 0.0241 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4863) against the same month in 2023 (average: 0.4182), the exchange rate shifted by +0.0682 (+16.30%).

2024 Avg (September) 0.4863
2023 Avg (September) 0.4182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4772 0.4540 0.4604
February 0.4602 0.4470 0.4518
March 0.4632 0.4479 0.4536
April 0.4489 0.4293 0.4408
May 0.4427 0.4300 0.4352
June 0.4369 0.4211 0.4286
July 0.4640 0.4194 0.4307
August 0.4932 0.4624 0.4777
September 0.5017 0.4721 0.4863
October 0.4835 0.4535 0.4622
November 0.4741 0.4537 0.4638
December 0.4770 0.4560 0.4663