2024 AFN to IDR Historical Review

YEARLY HIGH

238.5625 IDR

YEARLY LOW

209.0433 IDR

YEARLY AVERAGE

225.1511 IDR

2024 AFN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 238.5625. Conversely, the yearly low was recorded on February 3, dropping to 209.0433.

This high-to-low spread represents a total annual volatility of 29.5192 IDR. From a start-to-finish perspective, comparing the January average rate of 218.4075 to the December average rate of 231.4472, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 238.5625 was up 5.15% compared to the 2023 peak of 226.8742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,192,813 IDR

2023 Average 929,373 IDR

Yearly Trough Low 1,045,217 IDR

Transaction Impact: A difference of 147,596.07 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

236.0643

212.0896

JanuMarcMayJulySeptNove

AFN to IDR 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 221.7956, compared to 228.5065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7109 points.

H1 Avg (Jan–Jun) 221.7956

H2 Avg (Jul–Dec) 228.5065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 15.1327 IDR (High: 238.5453 / Low: 223.4125). On the other end, July was the most stable month, with a tight range of 4.4582 IDR (High: 231.5243 / Low: 227.0661).

October Spread (Volatile) ±15.1327

July Spread (Stable) ±4.4582

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 7.0547 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 234.0664) against the same month in 2023 (average: 218.1119), the exchange rate shifted by +15.9545 (+7.31%).

2024 Avg (November) 234.0664

2023 Avg (November) 218.1119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	222.5042	212.2339	218.4075
February	216.8409	209.0433	214.0875
March	223.0255	214.1614	217.7461
April	227.3209	220.5586	224.3798
May	230.5688	220.7884	224.1472
June	235.5214	226.5594	232.0057
July	231.5243	227.0661	229.6368
August	231.7294	216.9183	222.5821
September	223.2494	217.7246	220.5945
October	238.5453	223.4125	232.7122
November	238.5625	228.8475	234.0664
December	235.6655	228.0308	231.4472