YEARLY HIGH
0.1032 SCR
YEARLY LOW
0.0836 SCR
YEARLY AVERAGE
0.0903 SCR

2024 JPY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1032. Conversely, the yearly low was recorded on July 2, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0195 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0916 to the December average rate of 0.0917, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1032 was down 6.10% compared to the 2023 peak of 0.1099, 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 51,577 SCR
2023 Average 47,952 SCR
Yearly Trough Low 41,823 SCR
Transaction Impact: A difference of 9,753.73 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0947
0.0867
JanuMarcMayJulySeptNove

JPY to SCR 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 0.0893, compared to 0.0914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0893
H2 Avg (Jul–Dec) 0.0914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0141 SCR (High: 0.1005 / Low: 0.0864). On the other end, May was the most stable month, with a tight range of 0.0041 SCR (High: 0.0904 / Low: 0.0862).

October Spread (Volatile) ±0.0141
May Spread (Stable) ±0.0041

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 March and April, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0939) against the same month in 2023 (average: 0.0924), the exchange rate shifted by +0.0016 (+1.70%).

2024 Avg (August) 0.0939
2023 Avg (August) 0.0924

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0962 0.0882 0.0916
February 0.0921 0.0875 0.0900
March 0.0965 0.0883 0.0908
April 0.0929 0.0856 0.0882
May 0.0904 0.0862 0.0877
June 0.0918 0.0857 0.0874
July 0.0909 0.0836 0.0876
August 0.1032 0.0891 0.0939
September 0.0965 0.0897 0.0940
October 0.1005 0.0864 0.0915
November 0.0952 0.0869 0.0896
December 0.1002 0.0883 0.0917