YEARLY HIGH
0.0643 JPY
YEARLY LOW
0.0120 JPY
YEARLY AVERAGE
0.0588 JPY

2024 SYP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0643. Conversely, the yearly low was recorded on December 21, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0523 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0582 to the December average rate of 0.0434, the exchange rate registered a net change of -25.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0643 was up 6.56% compared to the 2023 peak of 0.0604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 322 JPY
2023 Average 280 JPY
Yearly Trough Low 60 JPY
Transaction Impact: A difference of 261.42 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0649
0.0414
JanuMarcMayJulySeptNove

SYP 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 0.0606, compared to 0.0570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0606
H2 Avg (Jul–Dec) 0.0570

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0507 JPY (High: 0.0627 / Low: 0.0120). On the other end, February was the most stable month, with a tight range of 0.0017 JPY (High: 0.0600 / Low: 0.0583).

December Spread (Volatile) ±0.0507
February Spread (Stable) ±0.0017

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 November and December, when the average rate fell by 0.0177 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0627) against the same month in 2023 (average: 0.0562), the exchange rate shifted by +0.0065 (+11.61%).

2024 Avg (July) 0.0627
2023 Avg (July) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0590 0.0562 0.0582
February 0.0600 0.0583 0.0595
March 0.0604 0.0584 0.0596
April 0.0630 0.0602 0.0613
May 0.0627 0.0609 0.0620
June 0.0641 0.0617 0.0629
July 0.0643 0.0596 0.0627
August 0.0594 0.0573 0.0582
September 0.0584 0.0560 0.0569
October 0.0610 0.0572 0.0597
November 0.0623 0.0596 0.0611
December 0.0627 0.0120 0.0434