YEARLY HIGH
20426.7964 IDR
YEARLY LOW
18867.0140 IDR
YEARLY AVERAGE
19682.6134 IDR

2021 FKP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 20426.7964. Conversely, the yearly low was recorded on January 7, dropping to 18867.0140.

This high-to-low spread represents a total annual volatility of 1559.7824 IDR. From a start-to-finish perspective, comparing the January average rate of 19182.3072 to the December average rate of 19063.7261, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 20426.7964 was up 0.05% compared to the 2020 peak of 20417.5688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,133,982 IDR
2020 Average 93,277,257 IDR
Yearly Trough Low 94,335,070 IDR
Transaction Impact: A difference of 7,798,912.07 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20259.1470
18955.0514
JanuMarcMayJulySeptNove

FKP 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 19836.6372, compared to 19528.5896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 308.0476 points.

H1 Avg (Jan–Jun) 19836.6372
H2 Avg (Jul–Dec) 19528.5896

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 875.6268 IDR (High: 19970.8010 / Low: 19095.1743). On the other end, July was the most stable month, with a tight range of 341.7213 IDR (High: 20182.0195 / Low: 19840.2982).

February Spread (Volatile) ±875.6268
July Spread (Stable) ±341.7213

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 248.8604 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -248.8604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 20150.4724) against the same month in 2020 (average: 18255.9752), the exchange rate shifted by +1894.4971 (+10.38%).

2021 Avg (May) 20150.4724
2020 Avg (May) 18255.9752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19434.8704 18867.0140 19182.3072
February 19970.8010 19095.1743 19502.8870
March 20163.7471 19778.4131 19945.5189
April 20311.9731 19954.7648 20118.2195
May 20426.7964 19762.8984 20150.4724
June 20248.8792 19861.1508 20120.4180
July 20182.0195 19840.2982 20038.8063
August 20097.3313 19600.1309 19844.1898
September 19766.5916 19254.4645 19595.3294
October 19594.4249 19213.3898 19422.4661
November 19631.3688 19018.0942 19207.0199
December 19271.5719 18896.8775 19063.7261