2024 BOB to IDR Historical Review

YEARLY HIGH

2391.6799 IDR

YEARLY LOW

2189.0345 IDR

YEARLY AVERAGE

2295.3153 IDR

2024 BOB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 2391.6799. Conversely, the yearly low was recorded on September 29, dropping to 2189.0345.

This high-to-low spread represents a total annual volatility of 202.6454 IDR. From a start-to-finish perspective, comparing the January average rate of 2261.0078 to the December average rate of 2325.1449, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2391.6799 was up 3.61% compared to the 2023 peak of 2308.3649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,958,399 IDR

2023 Average 11,032,836 IDR

Yearly Trough Low 10,945,173 IDR

Transaction Impact: A difference of 1,013,226.92 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2382.6760

2202.7664

JanuMarcMayJulySeptNove

BOB 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 2303.6015, compared to 2287.0290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.5724 points.

H1 Avg (Jan–Jun) 2303.6015

H2 Avg (Jul–Dec) 2287.0290

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 130.9351 IDR (High: 2359.2385 / Low: 2228.3034). On the other end, February was the most stable month, with a tight range of 27.1238 IDR (High: 2281.3443 / Low: 2254.2205).

August Spread (Volatile) ±130.9351

February Spread (Stable) ±27.1238

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 70.0519 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -70.0519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2367.6835) against the same month in 2023 (average: 2163.4210), the exchange rate shifted by +204.2625 (+9.44%).

2024 Avg (June) 2367.6835

2023 Avg (June) 2163.4210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2292.6332	2220.9334	2261.0078
February	2281.3443	2254.2205	2265.9450
March	2300.7062	2246.4027	2274.6521
April	2356.9536	2298.8800	2327.3737
May	2350.7499	2305.2411	2324.9467
June	2391.6799	2340.2236	2367.6835
July	2372.9988	2332.1857	2352.1171
August	2359.2385	2228.3034	2282.0652
September	2251.5890	2189.0345	2217.7588
October	2282.4042	2213.3751	2255.7098
November	2313.8101	2246.5392	2289.3783
December	2363.9669	2292.7146	2325.1449