YEARLY HIGH
0.2450 THB
YEARLY LOW
0.2157 THB
YEARLY AVERAGE
0.2329 THB

2024 JPY to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.2450. Conversely, the yearly low was recorded on December 29, dropping to 0.2157.

This high-to-low spread represents a total annual volatility of 0.0293 THB. From a start-to-finish perspective, comparing the January average rate of 0.2406 to the December average rate of 0.2218, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2450 was down 7.28% compared to the 2023 peak of 0.2643, 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 122,521 THB
2023 Average 123,864 THB
Yearly Trough Low 107,858 THB
Transaction Impact: A difference of 14,662.82 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2425
0.2199
JanuMarcMayJulySeptNove

JPY to THB 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 0.2377, compared to 0.2281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.2377
H2 Avg (Jul–Dec) 0.2281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0151 THB (High: 0.2308 / Low: 0.2157). On the other end, February was the most stable month, with a tight range of 0.0028 THB (High: 0.2412 / Low: 0.2383).

December Spread (Volatile) ±0.0151
February Spread (Stable) ±0.0028

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 0.0099 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2374) against the same month in 2023 (average: 0.2420), the exchange rate shifted by -0.0046 (-1.92%).

2024 Avg (August) 0.2374
2023 Avg (August) 0.2420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2437 0.2385 0.2406
February 0.2412 0.2383 0.2396
March 0.2422 0.2377 0.2400
April 0.2427 0.2338 0.2387
May 0.2403 0.2310 0.2351
June 0.2359 0.2281 0.2322
July 0.2370 0.2248 0.2300
August 0.2450 0.2326 0.2374
September 0.2374 0.2233 0.2325
October 0.2267 0.2196 0.2227
November 0.2289 0.2211 0.2243
December 0.2308 0.2157 0.2218