2024 KMF to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KMF to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KMF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 36.0869. Conversely, the yearly low was recorded on November 24, dropping to 33.7177.
This high-to-low spread represents a total annual volatility of 2.3692 IDR. From a start-to-finish perspective, comparing the January average rate of 34.6095 to the December average rate of 34.1859, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 36.0869 was up 3.85% compared to the 2023 peak of 34.7476, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KMF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KMF 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 34.9642, compared to 34.7552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.4169 IDR (High: 35.1346 / Low: 33.7177). On the other end, January was the most stable month, with a tight range of 0.4151 IDR (High: 34.8325 / Low: 34.4174).
Growth Streaks & Declines
TrendsBetween February and June, 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 0.6566 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 35.2247) against the same month in 2023 (average: 33.8171), the exchange rate shifted by +1.4076 (+4.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.8325 | 34.4174 | 34.6095 |
| February | 34.6927 | 34.0845 | 34.3470 |
| March | 34.9432 | 34.4617 | 34.6856 |
| April | 35.5311 | 34.7457 | 35.0952 |
| May | 35.7845 | 34.8433 | 35.2445 |
| June | 36.0674 | 35.5359 | 35.8034 |
| July | 35.9820 | 35.4751 | 35.7744 |
| August | 36.0869 | 34.8127 | 35.2247 |
| September | 34.9176 | 34.2301 | 34.5681 |
| October | 35.1339 | 34.1361 | 34.5632 |
| November | 35.1346 | 33.7177 | 34.2149 |
| December | 34.4194 | 33.8820 | 34.1859 |