2024 PEN to IDR Historical Review

YEARLY HIGH

4399.1294 IDR

YEARLY LOW

4011.1677 IDR

YEARLY AVERAGE

4227.9489 IDR

2024 PEN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 4399.1294. Conversely, the yearly low was recorded on September 24, dropping to 4011.1677.

This high-to-low spread represents a total annual volatility of 387.9617 IDR. From a start-to-finish perspective, comparing the January average rate of 4186.5798 to the December average rate of 4305.5120, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4399.1294 was up 4.40% compared to the 2023 peak of 4213.8511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,995,647 IDR

2023 Average 20,383,557 IDR

Yearly Trough Low 20,055,838 IDR

Transaction Impact: A difference of 1,939,808.55 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4361.7634

4040.7987

JanuMarcMayJulySeptNove

PEN 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 4245.7630, compared to 4210.1347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.6284 points.

H1 Avg (Jan–Jun) 4245.7630

H2 Avg (Jul–Dec) 4210.1347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 252.7303 IDR (High: 4361.3604 / Low: 4108.6301). On the other end, January was the most stable month, with a tight range of 82.2883 IDR (High: 4223.0576 / Low: 4140.7694).

August Spread (Volatile) ±252.7303

January Spread (Stable) ±82.2883

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 August and September, when the average rate fell by 151.6723 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -151.6723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 4335.0163) against the same month in 2023 (average: 3958.3906), the exchange rate shifted by +376.6257 (+9.51%).

2024 Avg (April) 4335.0163

2023 Avg (April) 3958.3906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4223.0576	4140.7694	4186.5798
February	4160.6377	4030.0111	4091.3119
March	4305.5460	4148.6869	4230.8892
April	4399.1294	4284.4659	4335.0163
May	4354.0731	4252.0836	4305.3908
June	4372.4924	4263.5700	4325.3902
July	4373.4580	4257.3171	4317.5806
August	4361.3604	4108.6301	4219.2181
September	4150.4216	4011.1677	4067.5458
October	4225.0319	4106.2359	4161.1927
November	4235.9960	4133.0779	4189.7588
December	4376.6245	4233.4909	4305.5120