2019 TOP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TOP to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 6448.1599. Conversely, the yearly low was recorded on September 7, dropping to 6019.7585.
This high-to-low spread represents a total annual volatility of 428.4014 IDR. From a start-to-finish perspective, comparing the January average rate of 6241.2746 to the December average rate of 6082.5552, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 6448.1599 was down 2.94% compared to the 2018 peak of 6643.3166, 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 2019.
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 6243.3329, compared to 6100.3474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 142.9855 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 325.8856 IDR (High: 6448.1599 / Low: 6122.2743). On the other end, October was the most stable month, with a tight range of 69.1450 IDR (High: 6097.8408 / Low: 6028.6957).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 70.0197 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 6230.2485) against the same month in 2018 (average: 6206.8187), the exchange rate shifted by +23.4298 (+0.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6342.2402 | 6171.1519 | 6241.2746 |
| February | 6288.7893 | 6155.1794 | 6214.4322 |
| March | 6338.7413 | 6239.3312 | 6284.7582 |
| April | 6448.1599 | 6122.2743 | 6230.2485 |
| May | 6319.4876 | 6221.0466 | 6269.0683 |
| June | 6291.1182 | 6162.0025 | 6220.2156 |
| July | 6229.5305 | 6108.7794 | 6159.1003 |
| August | 6211.2024 | 6033.9469 | 6148.1712 |
| September | 6166.2766 | 6019.7585 | 6078.1515 |
| October | 6097.8408 | 6028.6957 | 6068.2768 |
| November | 6131.0627 | 6033.0688 | 6065.8292 |
| December | 6128.4511 | 6057.3104 | 6082.5552 |