YEARLY HIGH
1553.3783 IDR
YEARLY LOW
1402.1896 IDR
YEARLY AVERAGE
1471.5083 IDR

2024 TJS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 1553.3783. Conversely, the yearly low was recorded on January 1, dropping to 1402.1896.

This high-to-low spread represents a total annual volatility of 151.1886 IDR. From a start-to-finish perspective, comparing the January average rate of 1429.9974 to the December average rate of 1472.3031, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1553.3783 was up 0.29% compared to the 2023 peak of 1548.9071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,766,891 IDR
2023 Average 7,057,604 IDR
Yearly Trough Low 7,010,948 IDR
Transaction Impact: A difference of 755,943.20 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1541.1840
1419.8896
JanuMarcMayJulySeptNove

TJS 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 1463.8169, compared to 1479.1998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3829 points.

H1 Avg (Jan–Jun) 1463.8169
H2 Avg (Jul–Dec) 1479.1998

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 93.0150 IDR (High: 1538.3917 / Low: 1445.3766). On the other end, February was the most stable month, with a tight range of 20.1044 IDR (High: 1442.7018 / Low: 1422.5975).

August Spread (Volatile) ±93.0150
February Spread (Stable) ±20.1044

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 45.6972 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -45.6972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1531.0762) against the same month in 2023 (average: 1368.5581), the exchange rate shifted by +162.5181 (+11.88%).

2024 Avg (June) 1531.0762
2023 Avg (June) 1368.5581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1452.8010 1402.1896 1429.9974
February 1442.7018 1422.5975 1431.1314
March 1453.4746 1416.9876 1436.1663
April 1494.7237 1450.3793 1473.2622
May 1516.2501 1462.9569 1481.2678
June 1553.3783 1506.3474 1531.0762
July 1543.4515 1512.6686 1527.5389
August 1538.3917 1445.3766 1485.7543
September 1460.9436 1421.6617 1440.0570
October 1481.0568 1436.0686 1464.7148
November 1499.5942 1451.9279 1484.8306
December 1498.8975 1451.2335 1472.3031