2024 PEN to JPY Historical Review

YEARLY HIGH

42.6870 JPY

YEARLY LOW

37.2505 JPY

YEARLY AVERAGE

40.3628 JPY

2024 PEN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 42.6870. Conversely, the yearly low was recorded on September 16, dropping to 37.2505.

This high-to-low spread represents a total annual volatility of 5.4365 JPY. From a start-to-finish perspective, comparing the January average rate of 39.1742 to the December average rate of 41.2792, the exchange rate registered a net change of 5.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 42.6870 was up 6.41% compared to the 2023 peak of 40.1166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,435 JPY

2023 Average 187,988 JPY

Yearly Trough Low 186,253 JPY

Transaction Impact: A difference of 27,182.55 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.2492

37.5665

JanuMarcMayJulySeptNove

PEN 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 40.5932, compared to 40.1324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4608 points.

H1 Avg (Jan–Jun) 40.5932

H2 Avg (Jul–Dec) 40.1324

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.5680 JPY (High: 42.4362 / Low: 39.8682). On the other end, June was the most stable month, with a tight range of 0.7236 JPY (High: 42.1455 / Low: 41.4219).

December Spread (Volatile) ±2.5680

June Spread (Stable) ±0.7236

Growth Streaks & Declines

Trends

Between February and July, 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 2.7084 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.7084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 41.8589) against the same month in 2023 (average: 39.2290), the exchange rate shifted by +2.6299 (+6.70%).

2024 Avg (July) 41.8589

2023 Avg (July) 39.2290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.7772	38.1069	39.1742
February	39.8463	38.2237	39.0808
March	41.2244	39.3451	40.3165
April	42.0616	40.6636	41.4565
May	42.2458	40.7549	41.7381
June	42.1455	41.4219	41.7933
July	42.6870	40.1356	41.8589
August	39.9197	38.4492	39.1505
September	39.1542	37.2505	37.9567
October	40.6885	38.7835	39.9673
November	41.1355	39.8974	40.5818
December	42.4362	39.8682	41.2792