YEARLY HIGH
0.0192 XCD
YEARLY LOW
0.0167 XCD
YEARLY AVERAGE
0.0179 XCD

2024 JPY to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0192. Conversely, the yearly low was recorded on July 10, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0025 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0185 to the December average rate of 0.0176, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0192 was down 9.16% compared to the 2023 peak of 0.0211, 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 9,597 XCD
2023 Average 9,639 XCD
Yearly Trough Low 8,362 XCD
Transaction Impact: A difference of 1,235.12 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0191
0.0169
JanuMarcMayJulySeptNove

JPY to XCD 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 0.0178, compared to 0.0180 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) 0.0178
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0013 XCD (High: 0.0180 / Low: 0.0167). On the other end, May was the most stable month, with a tight range of 0.0005 XCD (High: 0.0177 / Low: 0.0171).

July Spread (Volatile) ±0.0013
May 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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0189) against the same month in 2023 (average: 0.0183), the exchange rate shifted by +0.0006 (+3.32%).

2024 Avg (September) 0.0189
2023 Avg (September) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0192 0.0182 0.0185
February 0.0185 0.0179 0.0181
March 0.0184 0.0178 0.0180
April 0.0179 0.0171 0.0175
May 0.0177 0.0171 0.0174
June 0.0174 0.0168 0.0171
July 0.0180 0.0167 0.0172
August 0.0188 0.0181 0.0185
September 0.0192 0.0184 0.0189
October 0.0188 0.0176 0.0180
November 0.0180 0.0173 0.0176
December 0.0181 0.0171 0.0176