2024 JPY to TRY Historical Review

YEARLY HIGH

0.2417 TRY

YEARLY LOW

0.2015 TRY

YEARLY AVERAGE

0.2173 TRY

2024 JPY to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.2417. Conversely, the yearly low was recorded on July 3, dropping to 0.2015.

This high-to-low spread represents a total annual volatility of 0.0402 TRY. From a start-to-finish perspective, comparing the January average rate of 0.2059 to the December average rate of 0.2273, the exchange rate registered a net change of 10.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2417 was up 15.64% compared to the 2023 peak of 0.2090, 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 120,848 TRY

2023 Average 84,319 TRY

Yearly Trough Low 100,735 TRY

Transaction Impact: A difference of 20,113.53 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2414

0.2027

JanuMarcMayJulySeptNove

JPY to TRY 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 0.2082, compared to 0.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.2082

H2 Avg (Jul–Dec) 0.2264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0201 TRY (High: 0.2215 / Low: 0.2015). On the other end, February was the most stable month, with a tight range of 0.0047 TRY (High: 0.2085 / Low: 0.2039).

July Spread (Volatile) ±0.0201

February Spread (Stable) ±0.0047

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 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2381) against the same month in 2023 (average: 0.1827), the exchange rate shifted by +0.0554 (+30.32%).

2024 Avg (September) 0.2381

2023 Avg (September) 0.1827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2094	0.2035	0.2059
February	0.2085	0.2039	0.2059
March	0.2184	0.2091	0.2141
April	0.2129	0.2054	0.2101
May	0.2116	0.2047	0.2072
June	0.2104	0.2035	0.2062
July	0.2215	0.2015	0.2091
August	0.2365	0.2223	0.2305
September	0.2417	0.2311	0.2381
October	0.2379	0.2237	0.2286
November	0.2316	0.2210	0.2247
December	0.2324	0.2224	0.2273