2024 WST to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 WST to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the WST to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 5893.1775. Conversely, the yearly low was recorded on September 29, dropping to 5401.6107.
This high-to-low spread represents a total annual volatility of 491.5668 IDR. From a start-to-finish perspective, comparing the January average rate of 5578.9199 to the December average rate of 5738.0865, 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 5893.1775 was up 0.99% compared to the 2023 peak of 5835.6269, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
WST 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 5686.6350, compared to 5646.1246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.5104 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 316.7214 IDR (High: 5817.1500 / Low: 5500.4286). On the other end, February was the most stable month, with a tight range of 68.5583 IDR (High: 5634.0243 / Low: 5565.4660).
Growth Streaks & Declines
TrendsBetween 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 175.5419 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 5843.7717) against the same month in 2023 (average: 5484.0240), the exchange rate shifted by +359.7477 (+6.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5655.4325 | 5496.4286 | 5578.9199 |
| February | 5634.0243 | 5565.4660 | 5594.1380 |
| March | 5678.8898 | 5545.2508 | 5613.0542 |
| April | 5834.6824 | 5674.1964 | 5752.6185 |
| May | 5807.2036 | 5688.4237 | 5737.3080 |
| June | 5893.1775 | 5789.3189 | 5843.7717 |
| July | 5856.3042 | 5753.9344 | 5803.3967 |
| August | 5817.1500 | 5500.4286 | 5627.8548 |
| September | 5555.7589 | 5401.6107 | 5475.7701 |
| October | 5633.2434 | 5457.5341 | 5574.2286 |
| November | 5708.4607 | 5562.2682 | 5657.4110 |
| December | 5835.0893 | 5656.9251 | 5738.0865 |