2024 LRD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LRD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LRD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 89.9984. Conversely, the yearly low was recorded on September 20, dropping to 75.7819.
This high-to-low spread represents a total annual volatility of 14.2165 IDR. From a start-to-finish perspective, comparing the January average rate of 82.5899 to the December average rate of 88.9709, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 89.9984 was down 11.02% compared to the 2023 peak of 101.1489, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LRD 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 82.8956, compared to 82.9988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1032 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 6.6588 IDR (High: 88.7604 / Low: 82.1016). On the other end, February was the most stable month, with a tight range of 1.2463 IDR (High: 82.9841 / Low: 81.7378).
Growth Streaks & Declines
TrendsBetween 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 2.7904 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 88.9709) against the same month in 2023 (average: 82.2557), the exchange rate shifted by +6.7152 (+8.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.4565 | 81.6554 | 82.5899 |
| February | 82.9841 | 81.7378 | 82.2358 |
| March | 82.4949 | 80.7550 | 81.6692 |
| April | 86.8995 | 82.3644 | 83.5732 |
| May | 83.9235 | 82.3025 | 82.9957 |
| June | 85.1850 | 83.6326 | 84.3095 |
| July | 84.3245 | 82.5782 | 83.3680 |
| August | 83.3360 | 78.9805 | 80.5776 |
| September | 79.7788 | 75.7819 | 78.4010 |
| October | 82.1317 | 78.8600 | 80.9979 |
| November | 88.7604 | 82.1016 | 85.6775 |
| December | 89.9984 | 88.3966 | 88.9709 |