2024 ETB to IDR Historical Review

YEARLY HIGH

288.9449 IDR

YEARLY LOW

125.0067 IDR

YEARLY AVERAGE

219.3272 IDR

2024 ETB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 288.9449. Conversely, the yearly low was recorded on December 7, dropping to 125.0067.

This high-to-low spread represents a total annual volatility of 163.9382 IDR. From a start-to-finish perspective, comparing the January average rate of 276.8470 to the December average rate of 126.8702, the exchange rate registered a net change of -54.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 288.9449 was down 0.80% compared to the 2023 peak of 291.2737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,444,725 IDR

2023 Average 1,392,191 IDR

Yearly Trough Low 625,033 IDR

Transaction Impact: A difference of 819,691.16 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

300.3153

111.1025

JanuMarcMayJulySeptNove

ETB 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 279.7208, compared to 158.9335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 120.7874 points.

H1 Avg (Jan–Jun) 279.7208

H2 Avg (Jul–Dec) 158.9335

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 70.2203 IDR (High: 285.8185 / Low: 215.5982). On the other end, October was the most stable month, with a tight range of 4.0211 IDR (High: 131.4678 / Low: 127.4467).

July Spread (Volatile) ±70.2203

October Spread (Stable) ±4.0211

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 124.2189 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -124.2189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 284.5476) against the same month in 2023 (average: 273.8486), the exchange rate shifted by +10.6990 (+3.91%).

2024 Avg (June) 284.5476

2023 Avg (June) 273.8486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.5262	272.5076	276.8470
February	280.3586	274.7686	276.6246
March	280.7445	273.4111	277.0309
April	287.3722	279.3349	283.0606
May	283.4368	277.3682	280.2143
June	288.9449	281.6660	284.5476
July	285.8185	215.5982	279.5835
August	206.6658	137.3084	155.3646
September	140.6291	126.5151	132.8931
October	131.4678	127.4467	129.6696
November	132.1320	125.5304	129.2199
December	130.4043	125.0067	126.8702