2024 ILS to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 4533.0124. Conversely, the yearly low was recorded on September 21, dropping to 4008.7628.
This high-to-low spread represents a total annual volatility of 524.2497 IDR. From a start-to-finish perspective, comparing the January average rate of 4212.7781 to the December average rate of 4434.2773, the exchange rate registered a net change of 5.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 4533.0124 was up 0.92% compared to the 2023 peak of 4491.7513, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS 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 4307.7586, compared to 4267.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.8244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 269.2896 IDR (High: 4278.0523 / Low: 4008.7628). On the other end, May was the most stable month, with a tight range of 103.9191 IDR (High: 4391.9757 / Low: 4288.0566).
Growth Streaks & Declines
TrendsBetween April and July, 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 July and August, when the average rate fell by 190.5546 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 4434.2773) against the same month in 2023 (average: 4226.0449), the exchange rate shifted by +208.2324 (+4.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4334.3173 | 4119.1750 | 4212.7781 |
| February | 4398.7002 | 4236.7103 | 4298.6743 |
| March | 4408.8599 | 4250.3011 | 4326.6441 |
| April | 4359.4344 | 4222.0743 | 4285.3704 |
| May | 4391.9757 | 4288.0566 | 4339.7950 |
| June | 4431.1450 | 4323.0551 | 4383.2897 |
| July | 4473.3026 | 4324.3764 | 4424.7616 |
| August | 4294.8826 | 4159.4095 | 4234.2069 |
| September | 4278.0523 | 4008.7628 | 4110.5023 |
| October | 4242.5328 | 4043.3998 | 4145.1709 |
| November | 4375.2902 | 4168.3302 | 4258.6863 |
| December | 4533.0124 | 4358.2481 | 4434.2773 |