YEARLY HIGH
1.1157 KES
YEARLY LOW
0.7909 KES
YEARLY AVERAGE
0.8914 KES

2024 JPY to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1157. Conversely, the yearly low was recorded on July 9, dropping to 0.7909.

This high-to-low spread represents a total annual volatility of 0.3248 KES. From a start-to-finish perspective, comparing the January average rate of 1.0931 to the December average rate of 0.8399, the exchange rate registered a net change of -23.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1157 was up 0.03% compared to the 2023 peak of 1.1154, 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 557,842 KES
2023 Average 497,476 KES
Yearly Trough Low 395,429 KES
Transaction Impact: A difference of 162,412.99 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1205
0.7921
JanuMarcMayJulySeptNove

JPY to KES 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 0.9248, compared to 0.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0669 points.

H1 Avg (Jan–Jun) 0.9248
H2 Avg (Jul–Dec) 0.8579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1540 KES (High: 1.1042 / Low: 0.9502). On the other end, August was the most stable month, with a tight range of 0.0325 KES (High: 0.8969 / Low: 0.8644).

February Spread (Volatile) ±0.1540
August Spread (Stable) ±0.0325

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0931) against the same month in 2023 (average: 0.9523), the exchange rate shifted by +0.1408 (+14.79%).

2024 Avg (January) 1.0931
2023 Avg (January) 0.9523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1157 1.0742 1.0931
February 1.1042 0.9502 1.0199
March 0.9812 0.8711 0.9187
April 0.8737 0.8297 0.8525
May 0.8820 0.8192 0.8448
June 0.8428 0.8000 0.8200
July 0.8647 0.7909 0.8195
August 0.8969 0.8644 0.8834
September 0.9167 0.8773 0.9014
October 0.8971 0.8410 0.8609
November 0.8647 0.8275 0.8425
December 0.8668 0.8179 0.8399