YEARLY HIGH
93.0935 IDR
YEARLY LOW
85.0321 IDR
YEARLY AVERAGE
89.2267 IDR

2024 DJF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 93.0935. Conversely, the yearly low was recorded on September 25, dropping to 85.0321.

This high-to-low spread represents a total annual volatility of 8.0614 IDR. From a start-to-finish perspective, comparing the January average rate of 87.8022 to the December average rate of 90.3341, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 93.0935 was up 3.95% compared to the 2023 peak of 89.5596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 465,468 IDR
2023 Average 428,552 IDR
Yearly Trough Low 425,161 IDR
Transaction Impact: A difference of 40,306.86 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

92.6113
85.5890
JanuMarcMayJulySeptNove

DJF 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 89.5454, compared to 88.9080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6373 points.

H1 Avg (Jan–Jun) 89.5454
H2 Avg (Jul–Dec) 88.9080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.9294 IDR (High: 91.6648 / Low: 86.7354). On the other end, February was the most stable month, with a tight range of 1.0550 IDR (High: 88.5819 / Low: 87.5269).

August Spread (Volatile) ±4.9294
February Spread (Stable) ±1.0550

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 2.6536 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.6536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 92.0261) against the same month in 2023 (average: 83.9845), the exchange rate shifted by +8.0416 (+9.58%).

2024 Avg (June) 92.0261
2023 Avg (June) 83.9845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.1222 86.5443 87.8022
February 88.5819 87.5269 88.0272
March 89.4000 87.3600 88.4164
April 91.9042 89.2644 90.5884
May 91.8367 89.6004 90.4119
June 93.0935 90.8208 92.0261
July 92.3652 90.7659 91.3811
August 91.6648 86.7354 88.7275
September 87.5108 85.0321 86.1742
October 88.7812 85.9636 87.7613
November 90.0490 87.4211 89.0701
December 91.8767 88.9633 90.3341