YEARLY HIGH
7.5134 IDR
YEARLY LOW
7.0428 IDR
YEARLY AVERAGE
7.2468 IDR

2021 BIF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 7.5134. Conversely, the yearly low was recorded on October 16, dropping to 7.0428.

This high-to-low spread represents a total annual volatility of 0.4706 IDR. From a start-to-finish perspective, comparing the January average rate of 7.2227 to the December average rate of 7.1708, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.5134 was down 16.66% compared to the 2020 peak of 9.0148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,567 IDR
2020 Average 37,992 IDR
Yearly Trough Low 35,214 IDR
Transaction Impact: A difference of 2,352.88 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.4743
7.0913
JanuMarcMayJulySeptNove

BIF 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 7.2933, compared to 7.2003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0929 points.

H1 Avg (Jan–Jun) 7.2933
H2 Avg (Jul–Dec) 7.2003

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.2483 IDR (High: 7.3738 / Low: 7.1254). On the other end, September was the most stable month, with a tight range of 0.0538 IDR (High: 7.2022 / Low: 7.1484).

February Spread (Volatile) ±0.2483
September Spread (Stable) ±0.0538

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1728 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 7.4424) against the same month in 2020 (average: 8.3087), the exchange rate shifted by -0.8663 (-10.43%).

2021 Avg (April) 7.4424
2020 Avg (April) 8.3087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3193 7.1323 7.2227
February 7.3738 7.1254 7.2061
March 7.4532 7.3033 7.3614
April 7.5134 7.3575 7.4424
May 7.4162 7.1752 7.2695
June 7.3574 7.1751 7.2574
July 7.3807 7.2828 7.3187
August 7.3096 7.1863 7.2513
September 7.2022 7.1484 7.1706
October 7.1940 7.0428 7.1232
November 7.2323 7.1098 7.1672
December 7.2812 7.0833 7.1708