YEARLY HIGH
0.1770 HNL
YEARLY LOW
0.1533 HNL
YEARLY AVERAGE
0.1643 HNL

2024 JPY to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.1770. Conversely, the yearly low was recorded on July 1, dropping to 0.1533.

This high-to-low spread represents a total annual volatility of 0.0237 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1689 to the December average rate of 0.1646, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1770 was down 8.12% compared to the 2023 peak of 0.1927, 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 88,505 HNL
2023 Average 87,952 HNL
Yearly Trough Low 76,637 HNL
Transaction Impact: A difference of 11,867.79 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1753
0.1551
JanuMarcMayJulySeptNove

JPY to HNL 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 0.1626, compared to 0.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1626
H2 Avg (Jul–Dec) 0.1660

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0123 HNL (High: 0.1656 / Low: 0.1533). On the other end, May was the most stable month, with a tight range of 0.0045 HNL (High: 0.1617 / Low: 0.1573).

July Spread (Volatile) ±0.0123
May Spread (Stable) ±0.0045

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 0.0067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1736) against the same month in 2023 (average: 0.1676), the exchange rate shifted by +0.0060 (+3.59%).

2024 Avg (September) 0.1736
2023 Avg (September) 0.1676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1753 0.1663 0.1689
February 0.1688 0.1636 0.1652
March 0.1685 0.1623 0.1651
April 0.1638 0.1565 0.1604
May 0.1617 0.1573 0.1588
June 0.1598 0.1537 0.1568
July 0.1656 0.1533 0.1573
August 0.1724 0.1663 0.1695
September 0.1770 0.1688 0.1736
October 0.1731 0.1637 0.1669
November 0.1686 0.1603 0.1642
December 0.1691 0.1608 0.1646