2024 SCR to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 11.9551. Conversely, the yearly low was recorded on August 4, dropping to 9.6942.
This high-to-low spread represents a total annual volatility of 2.2608 JPY. From a start-to-finish perspective, comparing the January average rate of 10.9247 to the December average rate of 10.9206, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 11.9551 was up 1.32% compared to the 2023 peak of 11.7997, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR 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 11.2084, compared to 10.9563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2521 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 1.6238 JPY (High: 11.5740 / Low: 9.9502). On the other end, May was the most stable month, with a tight range of 0.5275 JPY (High: 11.5953 / Low: 11.0678).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 0.7672 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 11.4207) against the same month in 2023 (average: 10.5672), the exchange rate shifted by +0.8535 (+8.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3428 | 10.3999 | 10.9247 |
| February | 11.4318 | 10.8582 | 11.1180 |
| March | 11.3284 | 10.3668 | 11.0201 |
| April | 11.6884 | 10.7637 | 11.3352 |
| May | 11.5953 | 11.0678 | 11.4042 |
| June | 11.6750 | 10.8913 | 11.4484 |
| July | 11.9551 | 10.9971 | 11.4207 |
| August | 11.2282 | 9.6942 | 10.6534 |
| September | 11.1530 | 10.3675 | 10.6402 |
| October | 11.5740 | 9.9502 | 10.9408 |
| November | 11.5086 | 10.4987 | 11.1623 |
| December | 11.3285 | 9.9804 | 10.9206 |