YEARLY HIGH
4148.8256 IDR
YEARLY LOW
3340.3149 IDR
YEARLY AVERAGE
3985.3118 IDR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 82,976,512 IDR
2023 Average 72,715,692 IDR
Yearly Trough Low 66,806,299 IDR
Transaction Impact: A difference of 16,170,213.32 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4142.8038
3862.1110
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3984.5716
H2 Avg (Jul–Dec) 3986.0520

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±597.4731
March Spread (Stable) ±50.3690

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -70.9227

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (July) 4119.4127
2023 Avg (July) 3747.1508

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