YEARLY HIGH
0.1240 MDL
YEARLY LOW
0.1096 MDL
YEARLY AVERAGE
0.1172 MDL

2024 JPY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.1240. Conversely, the yearly low was recorded on July 10, dropping to 0.1096.

This high-to-low spread represents a total annual volatility of 0.0144 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1206 to the December average rate of 0.1190, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1240 was down 16.75% compared to the 2023 peak of 0.1490, 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 62,004 MDL
2023 Average 64,590 MDL
Yearly Trough Low 54,798 MDL
Transaction Impact: A difference of 7,206.31 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1224
0.1111
JanuMarcMayJulySeptNove

JPY to MDL 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 0.1163, compared to 0.1180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1163
H2 Avg (Jul–Dec) 0.1180

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0081 MDL (High: 0.1177 / Low: 0.1096). On the other end, June was the most stable month, with a tight range of 0.0025 MDL (High: 0.1133 / Low: 0.1108).

July Spread (Volatile) ±0.0081
June Spread (Stable) ±0.0025

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 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1215) against the same month in 2023 (average: 0.1216), the exchange rate shifted by -0.0001 (-0.10%).

2024 Avg (September) 0.1215
2023 Avg (September) 0.1216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1228 0.1187 0.1206
February 0.1212 0.1176 0.1190
March 0.1202 0.1161 0.1179
April 0.1167 0.1119 0.1151
May 0.1154 0.1117 0.1134
June 0.1133 0.1108 0.1121
July 0.1177 0.1096 0.1124
August 0.1216 0.1180 0.1196
September 0.1240 0.1178 0.1215
October 0.1208 0.1163 0.1180
November 0.1220 0.1152 0.1176
December 0.1224 0.1164 0.1190