YEARLY HIGH
5893.1775 IDR
YEARLY LOW
5401.6107 IDR
YEARLY AVERAGE
5666.3798 IDR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 29,465,888 IDR
2023 Average 27,897,297 IDR
Yearly Trough Low 27,008,054 IDR
Transaction Impact: A difference of 2,457,834.11 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5880.5718
5438.9700
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 5686.6350
H2 Avg (Jul–Dec) 5646.1246

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±316.7214
February Spread (Stable) ±68.5583

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -175.5419

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (June) 5843.7717
2023 Avg (June) 5484.0240

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