2018 TOP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 6643.3166. Conversely, the yearly low was recorded on January 21, dropping to 5937.8826.
This high-to-low spread represents a total annual volatility of 705.4340 IDR. From a start-to-finish perspective, comparing the January average rate of 5968.3815 to the December average rate of 6375.5613, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 6643.3166 was up 8.75% compared to the 2017 peak of 6108.5275, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
TOP to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6136.1316, compared to 6327.6693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 191.5377 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 331.8708 IDR (High: 6643.3166 / Low: 6311.4458). On the other end, September was the most stable month, with a tight range of 22.6798 IDR (High: 6244.6145 / Low: 6221.9347).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 195.3446 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 6589.6769) against the same month in 2017 (average: 6040.3066), the exchange rate shifted by +549.3703 (+9.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6057.2050 | 5937.8826 | 5968.3815 |
| February | 6188.1063 | 6071.6980 | 6134.2732 |
| March | 6229.1496 | 6155.6047 | 6189.1032 |
| April | 6266.3922 | 6146.2643 | 6206.8187 |
| May | 6347.8294 | 6075.8029 | 6198.2699 |
| June | 6176.9436 | 6054.7006 | 6119.9432 |
| July | 6205.1484 | 6104.6233 | 6167.2283 |
| August | 6227.5276 | 6186.8249 | 6203.7042 |
| September | 6244.6145 | 6221.9347 | 6235.5131 |
| October | 6643.3166 | 6311.4458 | 6589.6769 |
| November | 6567.9152 | 6257.0605 | 6394.3322 |
| December | 6476.2861 | 6234.3612 | 6375.5613 |