2024 JOD to IDR Historical Review

YEARLY HIGH

23283.3316 IDR

YEARLY LOW

21341.2022 IDR

YEARLY AVERAGE

22380.0797 IDR

2024 JOD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 23283.3316. Conversely, the yearly low was recorded on September 29, dropping to 21341.2022.

This high-to-low spread represents a total annual volatility of 1942.1294 IDR. From a start-to-finish perspective, comparing the January average rate of 22019.1901 to the December average rate of 22653.4625, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23283.3316 was up 3.69% compared to the 2023 peak of 22455.0372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,416,658 IDR

2023 Average 107,456,873 IDR

Yearly Trough Low 106,706,011 IDR

Transaction Impact: A difference of 9,710,646.98 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23230.2165

21490.0962

JanuMarcMayJulySeptNove

JOD 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 22458.6370, compared to 22301.5225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 157.1145 points.

H1 Avg (Jan–Jun) 22458.6370

H2 Avg (Jul–Dec) 22301.5225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1251.3335 IDR (High: 22982.9548 / Low: 21731.6213). On the other end, February was the most stable month, with a tight range of 264.9761 IDR (High: 22243.7508 / Low: 21978.7746).

August Spread (Volatile) ±1251.3335

February Spread (Stable) ±264.9761

Growth Streaks & Declines

Trends

Between January and April, 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 693.4470 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -693.4470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 23085.2064) against the same month in 2023 (average: 21069.2802), the exchange rate shifted by +2015.9262 (+9.57%).

2024 Avg (June) 23085.2064

2023 Avg (June) 21069.2802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22325.1246	21688.2751	22019.1901
February	22243.7508	21978.7746	22089.6005
March	22430.3729	21902.5281	22169.8321
April	23052.2232	22411.8352	22724.9210
May	22937.1845	22468.0297	22663.0715
June	23283.3316	22866.5439	23085.2064
July	23134.3844	22733.1963	22928.0932
August	22982.9548	21731.6213	22234.6461
September	21950.2255	21341.2022	21635.1062
October	22250.0797	21562.1498	22020.4825
November	22540.8122	21957.3536	22337.3445
December	23034.3296	22337.3154	22653.4625