YEARLY HIGH
0.7681 IDR
YEARLY LOW
0.6849 IDR
YEARLY AVERAGE
0.7355 IDR

2024 LAK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.7681. Conversely, the yearly low was recorded on September 28, dropping to 0.6849.

This high-to-low spread represents a total annual volatility of 0.0832 IDR. From a start-to-finish perspective, comparing the January average rate of 0.7565 to the December average rate of 0.7340, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7681 was down 16.84% compared to the 2023 peak of 0.9236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,841 IDR
2023 Average 4,099 IDR
Yearly Trough Low 3,425 IDR
Transaction Impact: A difference of 416.07 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7647
0.6873
JanuMarcMayJulySeptNove

LAK 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 0.7533, compared to 0.7176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 0.7533
H2 Avg (Jul–Dec) 0.7176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0368 IDR (High: 0.7342 / Low: 0.6974). On the other end, May was the most stable month, with a tight range of 0.0125 IDR (High: 0.7584 / Low: 0.7459).

August Spread (Volatile) ±0.0368
May Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between September and December, 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 0.0217 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7582) against the same month in 2023 (average: 0.8675), the exchange rate shifted by -0.1092 (-12.59%).

2024 Avg (April) 0.7582
2023 Avg (April) 0.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7642 0.7473 0.7565
February 0.7586 0.7459 0.7514
March 0.7581 0.7441 0.7511
April 0.7681 0.7515 0.7582
May 0.7584 0.7459 0.7521
June 0.7579 0.7407 0.7504
July 0.7427 0.7275 0.7341
August 0.7342 0.6974 0.7124
September 0.7039 0.6849 0.6937
October 0.7192 0.6889 0.7099
November 0.7287 0.7099 0.7218
December 0.7458 0.7228 0.7340