2024 RON to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 3569.5588. Conversely, the yearly low was recorded on November 24, dropping to 3333.4437.
This high-to-low spread represents a total annual volatility of 236.1151 IDR. From a start-to-finish perspective, comparing the January average rate of 3425.4174 to the December average rate of 3381.9470, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 3569.5588 was up 3.72% compared to the 2023 peak of 3441.6257, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON 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 3460.0409, compared to 3440.1148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.9260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 127.0114 IDR (High: 3569.4603 / Low: 3442.4489). On the other end, January was the most stable month, with a tight range of 36.5702 IDR (High: 3447.7984 / Low: 3411.2282).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 65.7861 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 3546.1111) against the same month in 2023 (average: 3370.1326), the exchange rate shifted by +175.9785 (+5.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3447.7984 | 3411.2282 | 3425.4174 |
| February | 3441.2672 | 3373.3820 | 3398.5402 |
| March | 3457.3920 | 3416.7423 | 3436.0356 |
| April | 3498.2768 | 3434.5008 | 3471.6469 |
| May | 3541.1075 | 3455.8302 | 3490.8167 |
| June | 3566.9112 | 3515.4026 | 3537.7884 |
| July | 3569.5588 | 3521.8415 | 3546.1111 |
| August | 3569.4603 | 3442.4489 | 3489.4116 |
| September | 3460.2289 | 3391.3763 | 3423.6255 |
| October | 3472.9470 | 3379.6383 | 3418.1080 |
| November | 3455.8046 | 3333.4437 | 3381.4857 |
| December | 3403.0222 | 3362.0911 | 3381.9470 |