YEARLY HIGH
0.0554 HKD
YEARLY LOW
0.0483 HKD
YEARLY AVERAGE
0.0516 HKD

2024 JPY to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.0554. Conversely, the yearly low was recorded on July 3, dropping to 0.0483.

This high-to-low spread represents a total annual volatility of 0.0071 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0535 to the December average rate of 0.0505, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0554 was down 9.44% compared to the 2023 peak of 0.0612, 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 27,689 HKD
2023 Average 27,923 HKD
Yearly Trough Low 24,164 HKD
Transaction Impact: A difference of 3,525.08 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0550
0.0489
JanuMarcMayJulySeptNove

JPY to HKD 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 0.0514, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0514
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0038 HKD (High: 0.0522 / Low: 0.0483). On the other end, May was the most stable month, with a tight range of 0.0015 HKD (High: 0.0510 / Low: 0.0496).

July Spread (Volatile) ±0.0038
May Spread (Stable) ±0.0015

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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0545) against the same month in 2023 (average: 0.0530), the exchange rate shifted by +0.0015 (+2.81%).

2024 Avg (September) 0.0545
2023 Avg (September) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0553 0.0527 0.0535
February 0.0534 0.0519 0.0523
March 0.0533 0.0516 0.0522
April 0.0517 0.0495 0.0508
May 0.0510 0.0496 0.0502
June 0.0504 0.0485 0.0494
July 0.0522 0.0483 0.0496
August 0.0542 0.0522 0.0533
September 0.0554 0.0531 0.0545
October 0.0541 0.0507 0.0518
November 0.0520 0.0497 0.0507
December 0.0520 0.0492 0.0505