2024 NPR to IDR Historical Review

YEARLY HIGH

123.6349 IDR

YEARLY LOW

112.9805 IDR

YEARLY AVERAGE

118.5467 IDR

2024 NPR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 123.6349. Conversely, the yearly low was recorded on September 29, dropping to 112.9805.

This high-to-low spread represents a total annual volatility of 10.6544 IDR. From a start-to-finish perspective, comparing the January average rate of 117.4889 to the December average rate of 118.2339, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 123.6349 was up 3.22% compared to the 2023 peak of 119.7756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 618,175 IDR

2023 Average 576,996 IDR

Yearly Trough Low 564,903 IDR

Transaction Impact: A difference of 53,272.02 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

123.3498

113.5047

JanuMarcMayJulySeptNove

NPR 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 119.5938, compared to 117.4996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0942 points.

H1 Avg (Jan–Jun) 119.5938

H2 Avg (Jul–Dec) 117.4996

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 6.9565 IDR (High: 121.6642 / Low: 114.7077). On the other end, February was the most stable month, with a tight range of 1.5935 IDR (High: 118.8296 / Low: 117.2361).

August Spread (Volatile) ±6.9565

February Spread (Stable) ±1.5935

Growth Streaks & Declines

Trends

Between January and April, 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 4.0289 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 122.5294) against the same month in 2023 (average: 113.6650), the exchange rate shifted by +8.8643 (+7.80%).

2024 Avg (June) 122.5294

2023 Avg (June) 113.6650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.0731	115.3047	117.4889
February	118.8296	117.2361	117.9378
March	119.2241	117.2428	118.3741
April	122.1750	119.2068	120.7852
May	121.8752	119.3035	120.4477
June	123.6349	121.1401	122.5294
July	122.7962	120.5310	121.5284
August	121.6642	114.7077	117.4995
September	115.8236	112.9805	114.3251
October	117.2939	113.9362	116.0232
November	118.5589	115.3234	117.3877
December	119.9864	116.8548	118.2339