YEARLY HIGH
0.7869 IDR
YEARLY LOW
0.7213 IDR
YEARLY AVERAGE
0.7566 IDR

2024 SLL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.7869. Conversely, the yearly low was recorded on September 29, dropping to 0.7213.

This high-to-low spread represents a total annual volatility of 0.0656 IDR. From a start-to-finish perspective, comparing the January average rate of 0.7449 to the December average rate of 0.7662, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7869 was down 11.05% compared to the 2023 peak of 0.8847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,934 IDR
2023 Average 4,017 IDR
Yearly Trough Low 3,606 IDR
Transaction Impact: A difference of 328.19 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7852
0.7263
JanuMarcMayJulySeptNove

SLL 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 0.7593, compared to 0.7539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.7593
H2 Avg (Jul–Dec) 0.7539

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0423 IDR (High: 0.7767 / Low: 0.7345). On the other end, February was the most stable month, with a tight range of 0.0092 IDR (High: 0.7523 / Low: 0.7431).

August Spread (Volatile) ±0.0423
February Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between January and April, 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 0.0234 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7803) against the same month in 2023 (average: 0.8461), the exchange rate shifted by -0.0658 (-7.78%).

2024 Avg (June) 0.7803
2023 Avg (June) 0.8461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7552 0.7339 0.7449
February 0.7523 0.7431 0.7470
March 0.7583 0.7404 0.7495
April 0.7791 0.7577 0.7681
May 0.7754 0.7596 0.7661
June 0.7869 0.7730 0.7803
July 0.7820 0.7683 0.7749
August 0.7767 0.7345 0.7515
September 0.7418 0.7213 0.7312
October 0.7522 0.7287 0.7443
November 0.7622 0.7427 0.7554
December 0.7791 0.7554 0.7662