2024 JPY to MYR Historical Review

YEARLY HIGH

0.0326 MYR

YEARLY LOW

0.0283 MYR

YEARLY AVERAGE

0.0302 MYR

2024 JPY to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0326. Conversely, the yearly low was recorded on December 29, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0042 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0320 to the December average rate of 0.0290, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0326 was down 4.62% compared to the 2023 peak of 0.0341, 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 16,281 MYR

2023 Average 16,242 MYR

Yearly Trough Low 14,160 MYR

Transaction Impact: A difference of 2,121.23 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0324

0.0283

JanuMarcMayJulySeptNove

JPY to MYR 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 0.0311, compared to 0.0294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0311

H2 Avg (Jul–Dec) 0.0294

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0021 MYR (High: 0.0306 / Low: 0.0285). On the other end, October was the most stable month, with a tight range of 0.0006 MYR (High: 0.0290 / Low: 0.0284).

September Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0320) against the same month in 2023 (average: 0.0333), the exchange rate shifted by -0.0012 (-3.66%).

2024 Avg (January) 0.0320

2023 Avg (January) 0.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0326	0.0318	0.0320
February	0.0323	0.0316	0.0319
March	0.0320	0.0311	0.0315
April	0.0314	0.0301	0.0309
May	0.0311	0.0298	0.0303
June	0.0303	0.0293	0.0298
July	0.0307	0.0291	0.0297
August	0.0309	0.0296	0.0302
September	0.0306	0.0285	0.0298
October	0.0290	0.0284	0.0287
November	0.0297	0.0285	0.0289
December	0.0299	0.0283	0.0290