YEARLY HIGH
8198.5230 IDR
YEARLY LOW
7504.3179 IDR
YEARLY AVERAGE
7873.3804 IDR

2024 BZD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 8198.5230. Conversely, the yearly low was recorded on September 29, dropping to 7504.3179.

This high-to-low spread represents a total annual volatility of 694.2050 IDR. From a start-to-finish perspective, comparing the January average rate of 7750.9154 to the December average rate of 7984.9394, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8198.5230 was up 3.61% compared to the 2023 peak of 7912.9693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40,992,615 IDR
2023 Average 37,828,804 IDR
Yearly Trough Low 37,521,590 IDR
Transaction Impact: A difference of 3,471,025.16 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8168.5175
7553.9295
JanuMarcMayJulySeptNove

BZD 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 7901.0876, compared to 7845.6732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.4144 points.

H1 Avg (Jan–Jun) 7901.0876
H2 Avg (Jul–Dec) 7845.6732

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 449.7389 IDR (High: 8087.7757 / Low: 7638.0368). On the other end, February was the most stable month, with a tight range of 92.4540 IDR (High: 7820.6961 / Low: 7728.2421).

August Spread (Volatile) ±449.7389
February Spread (Stable) ±92.4540

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 239.6211 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -239.6211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 8117.3018) against the same month in 2023 (average: 7416.4198), the exchange rate shifted by +700.8820 (+9.45%).

2024 Avg (June) 8117.3018
2023 Avg (June) 7416.4198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7859.8630 7613.6632 7750.9154
February 7820.6961 7728.2421 7769.5027
March 7888.5614 7701.0534 7801.7188
April 8108.7935 7886.2004 7994.1601
May 8067.5316 7902.8385 7972.9266
June 8198.5230 8022.5264 8117.3018
July 8135.2570 7997.6531 8064.1892
August 8087.7757 7638.0368 7824.5681
September 7718.8664 7504.3179 7605.1452
October 7824.0074 7587.5563 7738.1015
November 7932.2355 7723.3126 7857.0959
December 8130.1207 7859.4512 7984.9394