YEARLY HIGH
0.7406 IDR
YEARLY LOW
0.6788 IDR
YEARLY AVERAGE
0.7121 IDR

2024 STD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.7406. Conversely, the yearly low was recorded on September 29, dropping to 0.6788.

This high-to-low spread represents a total annual volatility of 0.0618 IDR. From a start-to-finish perspective, comparing the January average rate of 0.7011 to the December average rate of 0.7211, 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 0.7406 was up 3.60% compared to the 2023 peak of 0.7148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,703 IDR
2023 Average 3,375 IDR
Yearly Trough Low 3,394 IDR
Transaction Impact: A difference of 308.86 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7390
0.6835
JanuMarcMayJulySeptNove

STD 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 0.7146, compared to 0.7095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.7146
H2 Avg (Jul–Dec) 0.7095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0398 IDR (High: 0.7310 / Low: 0.6912). On the other end, February was the most stable month, with a tight range of 0.0086 IDR (High: 0.7080 / Low: 0.6994).

August Spread (Volatile) ±0.0398
February Spread (Stable) ±0.0086

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 0.0221 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7343) against the same month in 2023 (average: 0.6549), the exchange rate shifted by +0.0795 (+12.14%).

2024 Avg (June) 0.7343
2023 Avg (June) 0.6549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7107 0.6907 0.7011
February 0.7080 0.6994 0.7030
March 0.7136 0.6968 0.7054
April 0.7332 0.7130 0.7229
May 0.7298 0.7148 0.7210
June 0.7406 0.7275 0.7343
July 0.7359 0.7231 0.7293
August 0.7310 0.6912 0.7072
September 0.6982 0.6788 0.6881
October 0.7079 0.6858 0.7005
November 0.7173 0.6990 0.7109
December 0.7333 0.7109 0.7211