YEARLY HIGH
1.0525 IDR
YEARLY LOW
0.1688 IDR
YEARLY AVERAGE
0.3016 IDR

2024 LBP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.0525. Conversely, the yearly low was recorded on September 28, dropping to 0.1688.

This high-to-low spread represents a total annual volatility of 0.8837 IDR. From a start-to-finish perspective, comparing the January average rate of 1.0393 to the December average rate of 0.1795, the exchange rate registered a net change of -82.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0525 was down 89.78% compared to the 2023 peak of 10.2971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,262 IDR
2023 Average 9,510 IDR
Yearly Trough Low 844 IDR
Transaction Impact: A difference of 4,418.46 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1261
0.0844
JanuMarcMayJulySeptNove

LBP 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 0.4267, compared to 0.1765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2501 points.

H1 Avg (Jan–Jun) 0.4267
H2 Avg (Jul–Dec) 0.1765

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.8744 IDR (High: 1.0484 / Low: 0.1739). On the other end, July was the most stable month, with a tight range of 0.0033 IDR (High: 0.1831 / Low: 0.1798).

February Spread (Volatile) ±0.8744
July Spread (Stable) ±0.0033

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 February and March, when the average rate fell by 0.6275 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0393) against the same month in 2023 (average: 10.0553), the exchange rate shifted by -9.0160 (-89.66%).

2024 Avg (January) 1.0393
2023 Avg (January) 10.0553

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0525 1.0211 1.0393
February 1.0484 0.1739 0.8030
March 0.1776 0.1733 0.1755
April 0.1824 0.1775 0.1799
May 0.1815 0.1780 0.1795
June 0.1845 0.1806 0.1827
July 0.1831 0.1798 0.1815
August 0.1819 0.1720 0.1761
September 0.1737 0.1688 0.1712
October 0.1760 0.1707 0.1742
November 0.1784 0.1738 0.1768
December 0.1824 0.1769 0.1795