2024 BMD to IDR Historical Review

YEARLY HIGH

16500.8971 IDR

YEARLY LOW

15124.5100 IDR

YEARLY AVERAGE

15865.8635 IDR

2024 BMD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 16500.8971. Conversely, the yearly low was recorded on September 29, dropping to 15124.5100.

This high-to-low spread represents a total annual volatility of 1376.3871 IDR. From a start-to-finish perspective, comparing the January average rate of 15620.9757 to the December average rate of 16066.6421, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16500.8971 was up 3.60% compared to the 2023 peak of 15927.3579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,504,486 IDR

2023 Average 76,210,834 IDR

Yearly Trough Low 75,622,550 IDR

Transaction Impact: A difference of 6,881,935.52 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16465.6011

15229.1160

JanuMarcMayJulySeptNove

BMD 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 15922.5781, compared to 15809.1489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 113.4292 points.

H1 Avg (Jan–Jun) 15922.5781

H2 Avg (Jul–Dec) 15809.1489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 886.8201 IDR (High: 16288.0201 / Low: 15401.2000). On the other end, February was the most stable month, with a tight range of 191.9633 IDR (High: 15775.2680 / Low: 15583.3047).

August Spread (Volatile) ±886.8201

February Spread (Stable) ±191.9633

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 491.5174 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -491.5174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 16362.5607) against the same month in 2023 (average: 14946.7621), the exchange rate shifted by +1415.7986 (+9.47%).

2024 Avg (June) 16362.5607

2023 Avg (June) 14946.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15835.2109	15390.0000	15620.9757
February	15775.2680	15583.3047	15663.5864
March	15900.8914	15526.7022	15716.5518
April	16337.1106	15887.7500	16107.3317
May	16260.1701	15927.5862	16064.4624
June	16500.8971	16210.0930	16362.5607
July	16397.6517	16111.0162	16249.5108
August	16288.0201	15401.2000	15757.9934
September	15556.1248	15124.5100	15332.1564
October	15773.0815	15281.0955	15607.8400
November	15983.6899	15574.3509	15840.7508
December	16338.2500	15839.3904	16066.6421