2024 FJD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 7364.3186. Conversely, the yearly low was recorded on December 10, dropping to 6878.1256.
This high-to-low spread represents a total annual volatility of 486.1929 IDR. From a start-to-finish perspective, comparing the January average rate of 6994.2926 to the December average rate of 6963.5537, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 7364.3186 was up 3.07% compared to the 2023 peak of 7144.9853, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7074.0895, compared to 7031.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.5661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 228.7385 IDR (High: 7202.3082 / Low: 6973.5698). On the other end, April was the most stable month, with a tight range of 132.5759 IDR (High: 7178.1464 / Low: 7045.5705).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 178.2133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 7278.6140) against the same month in 2023 (average: 6715.7744), the exchange rate shifted by +562.8396 (+8.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7090.0226 | 6910.2018 | 6994.2926 |
| February | 7038.8016 | 6893.8949 | 6964.0852 |
| March | 7051.7058 | 6917.4643 | 6980.1444 |
| April | 7178.1464 | 7045.5705 | 7106.8173 |
| May | 7215.2801 | 7057.6573 | 7120.5835 |
| June | 7364.3186 | 7175.9415 | 7278.6140 |
| July | 7327.1323 | 7151.5519 | 7241.6097 |
| August | 7202.3082 | 6973.5698 | 7063.3964 |
| September | 7039.0595 | 6884.9984 | 6943.9686 |
| October | 7082.6459 | 6893.6613 | 6987.5105 |
| November | 7041.5228 | 6882.1701 | 6989.1013 |
| December | 7037.4774 | 6878.1256 | 6963.5537 |