2024 KRW to JPY Historical Review

YEARLY HIGH

0.1168 JPY

YEARLY LOW

0.1052 JPY

YEARLY AVERAGE

0.1111 JPY

2024 KRW to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.1168. Conversely, the yearly low was recorded on December 8, dropping to 0.1052.

This high-to-low spread represents a total annual volatility of 0.0117 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1103 to the December average rate of 0.1069, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1168 was up 0.22% compared to the 2023 peak of 0.1166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 KRW based on timing:

Yearly Peak High 584,131 JPY

2023 Average 537,825 JPY

Yearly Trough Low 525,824 JPY

Transaction Impact: A difference of 58,307.28 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1152

0.1062

JanuMarcMayJulySeptNove

KRW to JPY 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 0.1127, compared to 0.1095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1127

H2 Avg (Jul–Dec) 0.1095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0074 JPY (High: 0.1168 / Low: 0.1094). On the other end, March was the most stable month, with a tight range of 0.0021 JPY (High: 0.1136 / Low: 0.1115).

July Spread (Volatile) ±0.0074

March Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1140) against the same month in 2023 (average: 0.1099), the exchange rate shifted by +0.0041 (+3.75%).

2024 Avg (July) 0.1140

2023 Avg (July) 0.1099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1111	0.1085	0.1103
February	0.1133	0.1101	0.1123
March	0.1136	0.1115	0.1124
April	0.1148	0.1110	0.1124
May	0.1153	0.1120	0.1142
June	0.1165	0.1129	0.1144
July	0.1168	0.1094	0.1140
August	0.1102	0.1054	0.1083
September	0.1104	0.1058	0.1076
October	0.1112	0.1084	0.1101
November	0.1115	0.1073	0.1100
December	0.1093	0.1052	0.1069