2024 JPY to PHP Historical Review

YEARLY HIGH

0.3992 PHP

YEARLY LOW

0.3607 PHP

YEARLY AVERAGE

0.3785 PHP

2024 JPY to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.3992. Conversely, the yearly low was recorded on July 10, dropping to 0.3607.

This high-to-low spread represents a total annual volatility of 0.0385 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3829 to the December average rate of 0.3794, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3992 was down 7.04% compared to the 2023 peak of 0.4295, 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 199,616 PHP

2023 Average 198,258 PHP

Yearly Trough Low 180,358 PHP

Transaction Impact: A difference of 19,257.93 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3939

0.3682

JanuMarcMayJulySeptNove

JPY to PHP 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 0.3739, compared to 0.3830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.3739

H2 Avg (Jul–Dec) 0.3830

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0295 PHP (High: 0.3902 / Low: 0.3607). On the other end, May was the most stable month, with a tight range of 0.0066 PHP (High: 0.3754 / Low: 0.3687).

July Spread (Volatile) ±0.0295

May Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3897) against the same month in 2023 (average: 0.3889), the exchange rate shifted by +0.0008 (+0.21%).

2024 Avg (August) 0.3897

2023 Avg (August) 0.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3926	0.3767	0.3829
February	0.3823	0.3708	0.3744
March	0.3785	0.3694	0.3733
April	0.3746	0.3646	0.3703
May	0.3754	0.3687	0.3710
June	0.3798	0.3630	0.3713
July	0.3902	0.3607	0.3713
August	0.3992	0.3837	0.3897
September	0.3977	0.3841	0.3917
October	0.3922	0.3785	0.3834
November	0.3913	0.3769	0.3826
December	0.3928	0.3667	0.3794

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு