2024 MYR to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MYR to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MYR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 35.3112. Conversely, the yearly low was recorded on January 1, dropping to 30.7106.
This high-to-low spread represents a total annual volatility of 4.6006 JPY. From a start-to-finish perspective, comparing the January average rate of 31.2160 to the December average rate of 34.5271, the exchange rate registered a net change of 10.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.3112 was up 9.02% compared to the 2023 peak of 32.3889, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MYR to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 32.2097, compared to 34.0688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8591 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 2.3509 JPY (High: 35.0324 / Low: 32.6815). On the other end, February was the most stable month, with a tight range of 0.6477 JPY (High: 31.6252 / Low: 30.9775).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5240 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 34.5271) against the same month in 2023 (average: 30.8467), the exchange rate shifted by +3.6805 (+11.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.4241 | 30.7106 | 31.2160 |
| February | 31.6252 | 30.9775 | 31.3897 |
| March | 32.1619 | 31.2831 | 31.7421 |
| April | 33.1835 | 31.8932 | 32.3271 |
| May | 33.5068 | 32.2034 | 33.0181 |
| June | 34.1129 | 32.9900 | 33.5652 |
| July | 34.3054 | 32.6003 | 33.6517 |
| August | 33.8398 | 32.3515 | 33.1277 |
| September | 35.0324 | 32.6815 | 33.6017 |
| October | 35.2429 | 34.5172 | 34.8864 |
| November | 35.0600 | 33.6907 | 34.6181 |
| December | 35.3112 | 33.4713 | 34.5271 |