2024 JPY to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JPY to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JPY to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 61.4527. Conversely, the yearly low was recorded on July 3, dropping to 53.2405.
This high-to-low spread represents a total annual volatility of 8.2122 GNF. From a start-to-finish perspective, comparing the January average rate of 58.8124 to the December average rate of 56.0507, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 61.4527 was down 10.48% compared to the 2023 peak of 68.6501, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JPY to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 56.5146, compared to 57.3195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 4.2893 GNF (High: 57.5298 / Low: 53.2405). On the other end, May was the most stable month, with a tight range of 1.6003 GNF (High: 56.1726 / Low: 54.5723).
Growth Streaks & Declines
TrendsBetween 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 2.7732 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 60.4033) against the same month in 2023 (average: 58.2165), the exchange rate shifted by +2.1868 (+3.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.1030 | 57.9193 | 58.8124 |
| February | 58.7854 | 57.0471 | 57.4987 |
| March | 58.5739 | 56.5083 | 57.3856 |
| April | 56.8023 | 54.3488 | 55.7805 |
| May | 56.1726 | 54.5723 | 55.1834 |
| June | 55.4484 | 53.4357 | 54.4270 |
| July | 57.5298 | 53.2405 | 54.6632 |
| August | 59.8993 | 57.7392 | 58.9396 |
| September | 61.4527 | 58.8350 | 60.4033 |
| October | 60.3493 | 56.2790 | 57.6301 |
| November | 57.6275 | 55.1502 | 56.2301 |
| December | 57.6618 | 54.6933 | 56.0507 |