2024 BND to IDR Historical Review

YEARLY HIGH

12281.8303 IDR

YEARLY LOW

11589.8153 IDR

YEARLY AVERAGE

11873.5067 IDR

2024 BND to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 12281.8303. Conversely, the yearly low was recorded on February 12, dropping to 11589.8153.

This high-to-low spread represents a total annual volatility of 692.0150 IDR. From a start-to-finish perspective, comparing the January average rate of 11700.6732 to the December average rate of 11900.8994, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12281.8303 was up 4.69% compared to the 2023 peak of 11731.3648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,409,151 IDR

2023 Average 56,765,342 IDR

Yearly Trough Low 57,949,076 IDR

Transaction Impact: A difference of 3,460,075.15 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12147.9518

11603.5229

JanuMarcMayJulySeptNove

BND 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 11823.6303, compared to 11923.3830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.7527 points.

H1 Avg (Jan–Jun) 11823.6303

H2 Avg (Jul–Dec) 11923.3830

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 513.9602 IDR (High: 12281.8303 / Low: 11767.8701). On the other end, March was the most stable month, with a tight range of 124.3398 IDR (High: 11791.4436 / Low: 11667.1038).

August Spread (Volatile) ±513.9602

March Spread (Stable) ±124.3398

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 150.2366 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -150.2366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 11976.2489) against the same month in 2023 (average: 11304.0478), the exchange rate shifted by +672.2011 (+5.95%).

2024 Avg (August) 11976.2489

2023 Avg (August) 11304.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11806.0265	11625.5061	11700.6732
February	11778.5355	11589.8153	11648.8920
March	11791.4436	11667.1038	11723.9725
April	11975.6066	11793.9305	11877.0704
May	12032.2797	11774.2522	11888.5910
June	12208.6139	12009.3355	12102.5827
July	12175.6801	11956.7596	12070.1817
August	12281.8303	11767.8701	11976.2489
September	11902.9251	11729.4629	11826.0123
October	12083.4483	11789.6666	11912.1239
November	11999.4156	11742.6263	11854.8320
December	12033.4826	11815.0880	11900.8994