2024 PLN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PLN to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PLN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 4148.8256. Conversely, the yearly low was recorded on January 1, dropping to 3340.3149.
This high-to-low spread represents a total annual volatility of 808.5107 IDR. From a start-to-finish perspective, comparing the January average rate of 3888.9004 to the December average rate of 3940.7459, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 4148.8256 was up 4.93% compared to the 2023 peak of 3953.8568, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PLN 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 3984.5716, compared to 3986.0520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4804 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 597.4731 IDR (High: 3937.7880 / Low: 3340.3149). On the other end, March was the most stable month, with a tight range of 50.3690 IDR (High: 3992.1073 / Low: 3941.7383).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 70.9227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 4119.4127) against the same month in 2023 (average: 3747.1508), the exchange rate shifted by +372.2618 (+9.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3937.7880 | 3340.3149 | 3888.9004 |
| February | 3963.4621 | 3868.7432 | 3909.4799 |
| March | 3992.1073 | 3941.7383 | 3965.9138 |
| April | 4058.0069 | 3968.9567 | 4012.7316 |
| May | 4126.6769 | 3971.8194 | 4055.6034 |
| June | 4137.6217 | 4023.5627 | 4074.8004 |
| July | 4148.8256 | 4077.3217 | 4119.4127 |
| August | 4130.6387 | 3998.6541 | 4048.4900 |
| September | 4031.7801 | 3948.4810 | 3982.4191 |
| October | 4002.3436 | 3886.5824 | 3939.7425 |
| November | 3955.7985 | 3828.9926 | 3885.5021 |
| December | 3978.1684 | 3884.0913 | 3940.7459 |