2024 JPY to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JPY to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JPY to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 111.7516. Conversely, the yearly low was recorded on July 10, dropping to 100.3453.
This high-to-low spread represents a total annual volatility of 11.4063 IDR. From a start-to-finish perspective, comparing the January average rate of 106.8799 to the December average rate of 104.3260, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 111.7516 was down 6.06% compared to the 2023 peak of 118.9588, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JPY 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 104.6253, compared to 104.9707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3454 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 8.2224 IDR (High: 108.5676 / Low: 100.3453). On the other end, March was the most stable month, with a tight range of 2.2550 IDR (High: 105.9141 / Low: 103.6591).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.0565 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 107.7666) against the same month in 2023 (average: 105.4378), the exchange rate shifted by +2.3288 (+2.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.0600 | 105.4288 | 106.8799 |
| February | 107.4190 | 103.5595 | 104.6956 |
| March | 105.9141 | 103.6591 | 104.9467 |
| April | 105.6034 | 102.4639 | 104.5730 |
| May | 105.0864 | 102.2202 | 103.1584 |
| June | 105.0629 | 101.5961 | 103.4979 |
| July | 108.5676 | 100.3453 | 103.1774 |
| August | 111.7516 | 105.6940 | 107.7666 |
| September | 109.4309 | 104.3109 | 107.1813 |
| October | 106.3280 | 102.4732 | 104.1249 |
| November | 105.7461 | 101.6751 | 103.2480 |
| December | 106.8062 | 102.5185 | 104.3260 |