YEARLY HIGH
0.0167 TOP
YEARLY LOW
0.0146 TOP
YEARLY AVERAGE
0.0157 TOP

2024 JPY to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0167. Conversely, the yearly low was recorded on July 10, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0021 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0156, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0167 was down 8.01% compared to the 2023 peak of 0.0182, 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 8,361 TOP
2023 Average 8,421 TOP
Yearly Trough Low 7,288 TOP
Transaction Impact: A difference of 1,073.15 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0165
0.0148
JanuMarcMayJulySeptNove

JPY to TOP 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 0.0156, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0156
H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0014 TOP (High: 0.0159 / Low: 0.0146). On the other end, February was the most stable month, with a tight range of 0.0005 TOP (High: 0.0161 / Low: 0.0157).

July Spread (Volatile) ±0.0014
February Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0164) against the same month in 2023 (average: 0.0162), the exchange rate shifted by +0.0002 (+1.33%).

2024 Avg (September) 0.0164
2023 Avg (September) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0165 0.0159 0.0161
February 0.0161 0.0157 0.0158
March 0.0161 0.0155 0.0158
April 0.0157 0.0151 0.0155
May 0.0156 0.0150 0.0152
June 0.0152 0.0147 0.0149
July 0.0159 0.0146 0.0150
August 0.0165 0.0159 0.0162
September 0.0167 0.0159 0.0164
October 0.0162 0.0155 0.0158
November 0.0160 0.0153 0.0156
December 0.0160 0.0152 0.0156