2024 BTN to IDR Historical Review

YEARLY HIGH

197.8163 IDR

YEARLY LOW

180.7650 IDR

YEARLY AVERAGE

189.6747 IDR

2024 BTN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 197.8163. Conversely, the yearly low was recorded on September 29, dropping to 180.7650.

This high-to-low spread represents a total annual volatility of 17.0512 IDR. From a start-to-finish perspective, comparing the January average rate of 187.9772 to the December average rate of 189.1298, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 197.8163 was up 3.22% compared to the 2023 peak of 191.6412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 989,081 IDR

2023 Average 923,191 IDR

Yearly Trough Low 903,825 IDR

Transaction Impact: A difference of 85,256.23 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

197.3219

181.6268

JanuMarcMayJulySeptNove

BTN 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 191.3558, compared to 187.9936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3622 points.

H1 Avg (Jan–Jun) 191.3558

H2 Avg (Jul–Dec) 187.9936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 11.1278 IDR (High: 194.6633 / Low: 183.5355). On the other end, February was the most stable month, with a tight range of 2.5517 IDR (High: 190.1299 / Low: 187.5782).

August Spread (Volatile) ±11.1278

February Spread (Stable) ±2.5517

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 6.4486 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.4486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 196.0140) against the same month in 2023 (average: 181.8643), the exchange rate shifted by +14.1496 (+7.78%).

2024 Avg (June) 196.0140

2023 Avg (June) 181.8643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	190.5175	184.4872	187.9772
February	190.1299	187.5782	188.7447
March	190.7581	187.5881	189.4097
April	195.4799	190.7171	193.2554
May	195.0003	190.8857	192.7335
June	197.8163	193.8247	196.0140
July	196.4725	192.8524	194.4468
August	194.6633	183.5355	187.9982
September	185.3285	180.7650	182.9348
October	187.6557	182.2975	185.6374
November	189.6937	184.5174	187.8144
December	191.9803	186.9676	189.1298