YEARLY HIGH
613.3069 IDR
YEARLY LOW
556.6260 IDR
YEARLY AVERAGE
593.5089 IDR

2021 HNL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 613.3069. Conversely, the yearly low was recorded on January 6, dropping to 556.6260.

This high-to-low spread represents a total annual volatility of 56.6809 IDR. From a start-to-finish perspective, comparing the January average rate of 579.9547 to the December average rate of 589.9129, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 613.3069 was down 10.05% compared to the 2020 peak of 681.8273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,066,535 IDR
2020 Average 2,939,904 IDR
Yearly Trough Low 2,783,130 IDR
Transaction Impact: A difference of 283,404.47 IDR purely based on transaction execution date.

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610.3030
577.1137
JanuMarcMayJulySeptNove

HNL 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 591.5388, compared to 595.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9400 points.

H1 Avg (Jan–Jun) 591.5388
H2 Avg (Jul–Dec) 595.4789

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 30.6871 IDR (High: 587.3132 / Low: 556.6260). On the other end, September was the most stable month, with a tight range of 8.4990 IDR (High: 596.3307 / Low: 587.8317).

January Spread (Volatile) Âą30.6871
September Spread (Stable) Âą8.4990

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 August and September, when the average rate fell by 13.0678 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 607.5372) against the same month in 2020 (average: 583.7386), the exchange rate shifted by +23.7986 (+4.08%).

2021 Avg (July) 607.5372
2020 Avg (July) 583.7386

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Month High Low Average
January 587.3132 556.6260 579.9547
February 595.3128 574.3115 579.8795
March 604.1967 586.8848 594.5191
April 608.3688 598.0414 603.6868
May 600.7774 585.7616 594.1597
June 609.3599 589.0351 597.0333
July 613.3069 602.4812 607.5372
August 610.3856 597.3930 604.8165
September 596.3307 587.8317 591.7487
October 593.5943 580.5759 587.4841
November 596.0182 586.7769 591.3739
December 601.8150 580.6538 589.9129