YEARLY HIGH
3569.5588 IDR
YEARLY LOW
3333.4437 IDR
YEARLY AVERAGE
3450.0778 IDR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 17,847,794 IDR
2023 Average 16,662,514 IDR
Yearly Trough Low 16,667,218 IDR
Transaction Impact: A difference of 1,180,575.70 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3562.5736
3365.0231
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3460.0409
H2 Avg (Jul–Dec) 3440.1148

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±127.0114
January Spread (Stable) ±36.5702

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -65.7861

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (July) 3546.1111
2023 Avg (July) 3370.1326

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