2024 SBD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 1955.0430. Conversely, the yearly low was recorded on March 12, dropping to 1778.9566.
This high-to-low spread represents a total annual volatility of 176.0864 IDR. From a start-to-finish perspective, comparing the January average rate of 1855.0800 to the December average rate of 1917.4233, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1955.0430 was up 3.32% compared to the 2023 peak of 1892.3094, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SBD 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 1881.8825, compared to 1885.1305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 108.6153 IDR (High: 1921.6758 / Low: 1813.0605). On the other end, July was the most stable month, with a tight range of 34.7809 IDR (High: 1943.8003 / Low: 1909.0194).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 64.7155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 1933.7287) against the same month in 2023 (average: 1793.1185), the exchange rate shifted by +140.6102 (+7.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1883.0488 | 1826.5389 | 1855.0800 |
| February | 1872.2254 | 1833.2297 | 1853.0014 |
| March | 1878.3670 | 1778.9566 | 1856.5154 |
| April | 1922.1631 | 1872.9387 | 1899.7099 |
| May | 1918.5623 | 1871.2962 | 1893.2594 |
| June | 1955.0430 | 1914.1661 | 1933.7287 |
| July | 1943.8003 | 1909.0194 | 1923.1398 |
| August | 1921.6758 | 1813.0605 | 1858.4243 |
| September | 1859.1376 | 1821.9603 | 1838.2849 |
| October | 1902.5311 | 1842.7468 | 1878.8358 |
| November | 1907.5616 | 1865.6773 | 1894.6751 |
| December | 1948.8439 | 1890.9248 | 1917.4233 |