2024 IDR to BIF Historical Review

YEARLY HIGH

0.1916 BIF

YEARLY LOW

0.1739 BIF

YEARLY AVERAGE

0.1819 BIF

2024 IDR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.1916. Conversely, the yearly low was recorded on June 15, dropping to 0.1739.

This high-to-low spread represents a total annual volatility of 0.0177 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1827 to the December average rate of 0.1835, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1916 was up 0.71% compared to the 2023 peak of 0.1903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 1,916,367 BIF

2023 Average 1,670,764 BIF

Yearly Trough Low 1,739,258 BIF

Transaction Impact: A difference of 177,108.74 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1901

0.1745

JanuMarcMayJulySeptNove

IDR to BIF 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 0.1799, compared to 0.1838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1799

H2 Avg (Jul–Dec) 0.1838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0103 BIF (High: 0.1870 / Low: 0.1767). On the other end, February was the most stable month, with a tight range of 0.0027 BIF (High: 0.1838 / Low: 0.1811).

August Spread (Volatile) ±0.0103

February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1888) against the same month in 2023 (average: 0.1844), the exchange rate shifted by +0.0043 (+2.34%).

2024 Avg (September) 0.1888

2023 Avg (September) 0.1844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1856	0.1804	0.1827
February	0.1838	0.1811	0.1826
March	0.1846	0.1801	0.1820
April	0.1803	0.1754	0.1779
May	0.1802	0.1768	0.1787
June	0.1775	0.1739	0.1758
July	0.1788	0.1755	0.1772
August	0.1870	0.1767	0.1829
September	0.1916	0.1853	0.1888
October	0.1899	0.1842	0.1861
November	0.1888	0.1813	0.1844
December	0.1866	0.1810	0.1835