2024 ALL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 177.3743. Conversely, the yearly low was recorded on February 14, dropping to 161.3880.
This high-to-low spread represents a total annual volatility of 15.9863 IDR. From a start-to-finish perspective, comparing the January average rate of 164.0724 to the December average rate of 171.2115, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 177.3743 was up 5.67% compared to the 2023 peak of 167.8614, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL to IDR 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 168.4066, compared to 172.6747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2682 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 6.6783 IDR (High: 173.4996 / Low: 166.8213). On the other end, September was the most stable month, with a tight range of 2.1926 IDR (High: 172.5003 / Low: 170.3077).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 2.2705 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 173.6371) against the same month in 2023 (average: 157.6907), the exchange rate shifted by +15.9464 (+10.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 165.5475 | 162.5693 | 164.0724 |
| February | 164.4865 | 161.3880 | 162.8019 |
| March | 167.1331 | 163.5066 | 165.1965 |
| April | 173.4996 | 166.8213 | 170.2237 |
| May | 174.7384 | 170.8020 | 172.7295 |
| June | 176.7316 | 174.1656 | 175.4153 |
| July | 176.7092 | 173.9831 | 175.7302 |
| August | 177.3743 | 171.5228 | 173.6371 |
| September | 172.5003 | 170.3077 | 171.3665 |
| October | 174.7964 | 170.2349 | 172.3875 |
| November | 175.3906 | 169.1098 | 171.7157 |
| December | 173.4458 | 169.6996 | 171.2115 |