2024 BAM to IDR Historical Review

YEARLY HIGH

9085.4664 IDR

YEARLY LOW

8487.5512 IDR

YEARLY AVERAGE

8777.7489 IDR

2024 BAM to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 9085.4664. Conversely, the yearly low was recorded on November 24, dropping to 8487.5512.

This high-to-low spread represents a total annual volatility of 597.9152 IDR. From a start-to-finish perspective, comparing the January average rate of 8717.1307 to the December average rate of 8608.9109, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9085.4664 was up 3.88% compared to the 2023 peak of 8745.8190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,427,332 IDR

2023 Average 42,153,623 IDR

Yearly Trough Low 42,437,756 IDR

Transaction Impact: A difference of 2,989,576.09 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9055.9634

8568.2698

JanuMarcMayJulySeptNove

BAM 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 8803.3108, compared to 8752.1871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 51.1238 points.

H1 Avg (Jan–Jun) 8803.3108

H2 Avg (Jul–Dec) 8752.1871

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 334.7190 IDR (High: 9085.4664 / Low: 8750.7474). On the other end, March was the most stable month, with a tight range of 110.0493 IDR (High: 8795.6505 / Low: 8685.6013).

August Spread (Volatile) ±334.7190

March Spread (Stable) ±110.0493

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 August and September, when the average rate fell by 158.4876 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -158.4876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 8868.7577) against the same month in 2023 (average: 8518.7975), the exchange rate shifted by +349.9602 (+4.11%).

2024 Avg (August) 8868.7577

2023 Avg (August) 8518.7975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8808.1291	8652.4031	8717.1307
February	8752.3778	8566.7106	8648.1659
March	8795.6505	8685.6013	8734.1020
April	8925.8984	8767.9159	8839.1347
May	9021.2140	8774.9849	8876.7563
June	9065.9383	8936.9048	9004.5755
July	9068.2227	8938.5323	9015.3223
August	9085.4664	8750.7474	8868.7577
September	8802.2961	8611.5644	8710.2701
October	8834.9561	8579.7255	8696.6725
November	8818.8722	8487.5512	8613.1889
December	8723.9339	8541.3376	8608.9109