2024 JPY to INR Historical Review

YEARLY HIGH

0.5958 INR

YEARLY LOW

0.5166 INR

YEARLY AVERAGE

0.5530 INR

2024 JPY to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.5958. Conversely, the yearly low was recorded on July 1, dropping to 0.5166.

This high-to-low spread represents a total annual volatility of 0.0791 INR. From a start-to-finish perspective, comparing the January average rate of 0.5687 to the December average rate of 0.5520, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5958 was down 6.50% compared to the 2023 peak of 0.6372, 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 297,887 INR

2023 Average 294,409 INR

Yearly Trough Low 258,312 INR

Transaction Impact: A difference of 39,574.73 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5916

0.5223

JanuMarcMayJulySeptNove

JPY to INR 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 0.5471, compared to 0.5588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.5471

H2 Avg (Jul–Dec) 0.5588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0423 INR (High: 0.5589 / Low: 0.5166). On the other end, March was the most stable month, with a tight range of 0.0153 INR (High: 0.5641 / Low: 0.5488).

July Spread (Volatile) ±0.0423

March Spread (Stable) ±0.0153

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 0.0251 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5858) against the same month in 2023 (average: 0.5619), the exchange rate shifted by +0.0240 (+4.27%).

2024 Avg (September) 0.5858

2023 Avg (September) 0.5619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5896	0.5609	0.5687
February	0.5663	0.5502	0.5546
March	0.5641	0.5488	0.5547
April	0.5518	0.5272	0.5416
May	0.5448	0.5289	0.5353
June	0.5394	0.5180	0.5281
July	0.5589	0.5166	0.5309
August	0.5829	0.5612	0.5737
September	0.5958	0.5719	0.5858
October	0.5835	0.5486	0.5607
November	0.5647	0.5398	0.5499
December	0.5667	0.5399	0.5520