2024 JPY to ZAR Historical Review

YEARLY HIGH

0.1308 ZAR

YEARLY LOW

0.1121 ZAR

YEARLY AVERAGE

0.1211 ZAR

2024 JPY to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1308. Conversely, the yearly low was recorded on July 10, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0187 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1283 to the December average rate of 0.1184, the exchange rate registered a net change of -7.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1308 was down 8.32% compared to the 2023 peak of 0.1427, 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 65,393 ZAR

2023 Average 65,741 ZAR

Yearly Trough Low 56,028 ZAR

Transaction Impact: A difference of 9,364.94 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1295

0.1145

JanuMarcMayJulySeptNove

JPY to ZAR 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 0.1231, compared to 0.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1231

H2 Avg (Jul–Dec) 0.1192

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0096 ZAR (High: 0.1218 / Low: 0.1122). On the other end, February was the most stable month, with a tight range of 0.0026 ZAR (High: 0.1283 / Low: 0.1257).

June Spread (Volatile) ±0.0096

February Spread (Stable) ±0.0026

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 0.0058 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1283) against the same month in 2023 (average: 0.1312), the exchange rate shifted by -0.0029 (-2.21%).

2024 Avg (January) 0.1283

2023 Avg (January) 0.1312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1308	0.1263	0.1283
February	0.1283	0.1257	0.1271
March	0.1281	0.1238	0.1259
April	0.1250	0.1187	0.1226
May	0.1211	0.1156	0.1182
June	0.1218	0.1122	0.1165
July	0.1216	0.1121	0.1157
August	0.1277	0.1206	0.1235
September	0.1262	0.1188	0.1230
October	0.1210	0.1152	0.1172
November	0.1206	0.1130	0.1171
December	0.1213	0.1159	0.1184