2024 PYG to IDR Historical Review

YEARLY HIGH

2.2072 IDR

YEARLY LOW

1.9374 IDR

YEARLY AVERAGE

2.1008 IDR

2024 PYG to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.2072. Conversely, the yearly low was recorded on September 26, dropping to 1.9374.

This high-to-low spread represents a total annual volatility of 0.2698 IDR. From a start-to-finish perspective, comparing the January average rate of 2.1452 to the December average rate of 2.0582, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2072 was up 1.96% compared to the 2023 peak of 2.1647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,036 IDR

2023 Average 10,457 IDR

Yearly Trough Low 9,687 IDR

Transaction Impact: A difference of 1,349.19 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1978

1.9555

JanuMarcMayJulySeptNove

PYG 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 2.1561, compared to 2.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1105 points.

H1 Avg (Jan–Jun) 2.1561

H2 Avg (Jul–Dec) 2.0456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1352 IDR (High: 2.1509 / Low: 2.0157). On the other end, February was the most stable month, with a tight range of 0.0290 IDR (High: 2.1688 / Low: 2.1398).

August Spread (Volatile) ±0.1352

February Spread (Stable) ±0.0290

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 0.1033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.1776) against the same month in 2023 (average: 2.0775), the exchange rate shifted by +0.1001 (+4.82%).

2024 Avg (April) 2.1776

2023 Avg (April) 2.0775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1724	2.1067	2.1452
February	2.1688	2.1398	2.1500
March	2.1658	2.1303	2.1487
April	2.2072	2.1562	2.1776
May	2.1611	2.1228	2.1418
June	2.1973	2.1471	2.1730
July	2.1770	2.1380	2.1525
August	2.1509	2.0157	2.0790
September	2.0280	1.9374	1.9757
October	2.0212	1.9544	1.9827
November	2.0490	1.9909	2.0254
December	2.0911	2.0256	2.0582