YEARLY HIGH
28.9161 IDR
YEARLY LOW
26.4756 IDR
YEARLY AVERAGE
27.7708 IDR

2024 SOS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 28.9161. Conversely, the yearly low was recorded on September 29, dropping to 26.4756.

This high-to-low spread represents a total annual volatility of 2.4405 IDR. From a start-to-finish perspective, comparing the January average rate of 27.3455 to the December average rate of 28.1215, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.9161 was up 3.61% compared to the 2023 peak of 27.9086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,580 IDR
2023 Average 133,857 IDR
Yearly Trough Low 132,378 IDR
Transaction Impact: A difference of 12,202.41 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.8176
26.6491
JanuMarcMayJulySeptNove

SOS 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 27.8690, compared to 27.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1964 points.

H1 Avg (Jan–Jun) 27.8690
H2 Avg (Jul–Dec) 27.6726

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.5912 IDR (High: 28.5636 / Low: 26.9723). On the other end, February was the most stable month, with a tight range of 0.3222 IDR (High: 27.5838 / Low: 27.2616).

August Spread (Volatile) ±1.5912
February Spread (Stable) ±0.3222

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 0.8278 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 28.6369) against the same month in 2023 (average: 26.2826), the exchange rate shifted by +2.3543 (+8.96%).

2024 Avg (June) 28.6369
2023 Avg (June) 26.2826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.7267 26.8547 27.3455
February 27.5838 27.2616 27.3973
March 27.8230 27.1643 27.5109
April 28.5942 27.8089 28.1928
May 28.4678 27.8824 28.1305
June 28.9161 28.2941 28.6369
July 28.7376 28.1919 28.4484
August 28.5636 26.9723 27.6206
September 27.2426 26.4756 26.8298
October 27.6060 26.7622 27.3041
November 27.9680 27.2391 27.7114
December 28.5812 27.7215 28.1215