YEARLY HIGH
0.1312 SZL
YEARLY LOW
0.1118 SZL
YEARLY AVERAGE
0.1211 SZL

2024 JPY to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1312. Conversely, the yearly low was recorded on July 1, dropping to 0.1118.

This high-to-low spread represents a total annual volatility of 0.0194 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1285 to the December average rate of 0.1183, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1312 was down 7.96% compared to the 2023 peak of 0.1425, 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 65,581 SZL
2023 Average 65,713 SZL
Yearly Trough Low 55,888 SZL
Transaction Impact: A difference of 9,693.22 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1298
0.1145
JanuMarcMayJulySeptNove

JPY to SZL 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 0.1230, compared to 0.1191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1230
H2 Avg (Jul–Dec) 0.1191

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0099 SZL (High: 0.1217 / Low: 0.1118). On the other end, February was the most stable month, with a tight range of 0.0027 SZL (High: 0.1281 / Low: 0.1254).

June Spread (Volatile) ±0.0099
February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0060 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1285) against the same month in 2023 (average: 0.1314), the exchange rate shifted by -0.0029 (-2.20%).

2024 Avg (January) 0.1285
2023 Avg (January) 0.1314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1312 0.1268 0.1285
February 0.1281 0.1254 0.1268
March 0.1276 0.1237 0.1258
April 0.1248 0.1185 0.1224
May 0.1212 0.1160 0.1182
June 0.1217 0.1118 0.1166
July 0.1216 0.1118 0.1157
August 0.1280 0.1206 0.1233
September 0.1267 0.1185 0.1232
October 0.1203 0.1150 0.1172
November 0.1204 0.1140 0.1167
December 0.1215 0.1157 0.1183