YEARLY HIGH
151.7731 IDR
YEARLY LOW
141.8625 IDR
YEARLY AVERAGE
146.5999 IDR

2024 RSD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 151.7731. Conversely, the yearly low was recorded on November 24, dropping to 141.8625.

This high-to-low spread represents a total annual volatility of 9.9106 IDR. From a start-to-finish perspective, comparing the January average rate of 145.3747 to the December average rate of 143.8491, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 151.7731 was up 3.91% compared to the 2023 peak of 146.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 758,866 IDR
2023 Average 703,070 IDR
Yearly Trough Low 709,313 IDR
Transaction Impact: A difference of 49,552.92 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

151.3366
143.1685
JanuMarcMayJulySeptNove

RSD 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 146.9198, compared to 146.2801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6397 points.

H1 Avg (Jan–Jun) 146.9198
H2 Avg (Jul–Dec) 146.2801

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 5.3690 IDR (High: 151.7731 / Low: 146.4041). On the other end, January was the most stable month, with a tight range of 1.6946 IDR (High: 146.4004 / Low: 144.7058).

August Spread (Volatile) ±5.3690
January Spread (Stable) ±1.6946

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 2.9060 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.9060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 148.4306) against the same month in 2023 (average: 142.0175), the exchange rate shifted by +6.4131 (+4.52%).

2024 Avg (August) 148.4306
2023 Avg (August) 142.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 146.4004 144.7058 145.3747
February 145.9952 143.2861 144.2676
March 146.7996 144.8049 145.7759
April 148.5919 145.9007 147.4465
May 150.3751 146.7118 148.2642
June 151.6022 149.4308 150.3896
July 151.5053 149.6750 150.6560
August 151.7731 146.4041 148.4306
September 147.1262 144.2514 145.5246
October 147.7239 143.6936 145.3319
November 147.2287 141.8625 143.8884
December 144.7567 143.0345 143.8491