YEARLY HIGH
7364.3186 IDR
YEARLY LOW
6878.1256 IDR
YEARLY AVERAGE
7052.8064 IDR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 36,821,593 IDR
2023 Average 34,181,516 IDR
Yearly Trough Low 34,390,628 IDR
Transaction Impact: A difference of 2,430,964.64 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7312.0785
6910.5041
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 7074.0895
H2 Avg (Jul–Dec) 7031.5234

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±228.7385
April Spread (Stable) ±132.5759

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -178.2133

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (June) 7278.6140
2023 Avg (June) 6715.7744

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