YEARLY HIGH
0.0259 QAR
YEARLY LOW
0.0225 QAR
YEARLY AVERAGE
0.0241 QAR

2024 JPY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0259. Conversely, the yearly low was recorded on July 10, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0034 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0237, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0259 was down 9.00% compared to the 2023 peak of 0.0285, 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 12,955 QAR
2023 Average 12,994 QAR
Yearly Trough Low 11,267 QAR
Transaction Impact: A difference of 1,688.42 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0257
0.0228
JanuMarcMayJulySeptNove

JPY to QAR 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 0.0239, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0239
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0018 QAR (High: 0.0243 / Low: 0.0225). On the other end, May was the most stable month, with a tight range of 0.0007 QAR (High: 0.0238 / Low: 0.0231).

July Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0007

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0249) against the same month in 2023 (average: 0.0280), the exchange rate shifted by -0.0031 (-10.96%).

2024 Avg (January) 0.0249
2023 Avg (January) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0246 0.0249
February 0.0249 0.0242 0.0244
March 0.0248 0.0240 0.0243
April 0.0241 0.0231 0.0237
May 0.0238 0.0231 0.0234
June 0.0235 0.0226 0.0230
July 0.0243 0.0225 0.0231
August 0.0253 0.0244 0.0249
September 0.0259 0.0248 0.0255
October 0.0253 0.0238 0.0243
November 0.0243 0.0233 0.0237
December 0.0244 0.0230 0.0237