2024 USD to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 USD to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the USD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 161.5955. Conversely, the yearly low was recorded on September 16, dropping to 140.7988.
This high-to-low spread represents a total annual volatility of 20.7967 JPY. From a start-to-finish perspective, comparing the January average rate of 146.1701 to the December average rate of 154.0387, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 161.5955 was up 6.56% compared to the 2023 peak of 151.6498, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 USD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
USD 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 152.2399, compared to 150.7058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5341 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 11.8134 JPY (High: 161.5955 / Low: 149.7821). On the other end, February was the most stable month, with a tight range of 4.2605 JPY (High: 150.7255 / Low: 146.4650).
Growth Streaks & Declines
TrendsBetween 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 11.3300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 157.5545) against the same month in 2023 (average: 141.1662), the exchange rate shifted by +16.3883 (+11.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.2537 | 141.1150 | 146.1701 |
| February | 150.7255 | 146.4650 | 149.6199 |
| March | 151.6370 | 146.7377 | 149.7645 |
| April | 158.2025 | 151.2975 | 154.0422 |
| May | 157.6264 | 153.0550 | 155.7337 |
| June | 160.9276 | 155.1190 | 158.1092 |
| July | 161.5955 | 149.7821 | 157.5545 |
| August | 149.2322 | 143.9255 | 146.2245 |
| September | 146.7500 | 140.7988 | 143.0642 |
| October | 153.2672 | 143.7467 | 149.9158 |
| November | 156.5000 | 149.7550 | 153.4373 |
| December | 157.8940 | 149.5190 | 154.0387 |