2024 ARS to IDR Historical Review

YEARLY HIGH

19.2206 IDR

YEARLY LOW

15.6222 IDR

YEARLY AVERAGE

17.4222 IDR

2024 ARS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 19.2206. Conversely, the yearly low was recorded on December 9, dropping to 15.6222.

This high-to-low spread represents a total annual volatility of 3.5985 IDR. From a start-to-finish perspective, comparing the January average rate of 19.1037 to the December average rate of 15.7535, the exchange rate registered a net change of -17.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.2206 was down 78.16% compared to the 2023 peak of 88.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,103 IDR

2023 Average 290,324 IDR

Yearly Trough Low 78,111 IDR

Transaction Impact: A difference of 17,992.26 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4388

15.4185

JanuMarcMayJulySeptNove

ARS 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 18.5291, compared to 16.3153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2138 points.

H1 Avg (Jan–Jun) 18.5291

H2 Avg (Jul–Dec) 16.3153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.2060 IDR (High: 17.4813 / Low: 16.2753). On the other end, January was the most stable month, with a tight range of 0.2411 IDR (High: 19.2206 / Low: 18.9795).

August Spread (Volatile) ±1.2060

January Spread (Stable) ±0.2411

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8701 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 19.1037) against the same month in 2023 (average: 83.7734), the exchange rate shifted by -64.6697 (-77.20%).

2024 Avg (January) 19.1037

2023 Avg (January) 83.7734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.2206	18.9795	19.1037
February	19.0316	18.5883	18.7792
March	18.6860	18.3045	18.4785
April	18.8056	18.3893	18.5610
May	18.5533	17.9823	18.1428
June	18.2735	17.9326	18.1093
July	17.9487	17.4711	17.6252
August	17.4813	16.2753	16.7551
September	16.3269	15.6464	15.9672
October	16.1584	15.7576	15.9382
November	16.0648	15.6508	15.8523
December	15.9869	15.6222	15.7535