YEARLY HIGH
9706.4101 IDR
YEARLY LOW
8896.7706 IDR
YEARLY AVERAGE
9332.2932 IDR

2024 AZN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 9706.4101. Conversely, the yearly low was recorded on September 29, dropping to 8896.7706.

This high-to-low spread represents a total annual volatility of 809.6395 IDR. From a start-to-finish perspective, comparing the January average rate of 9186.9497 to the December average rate of 9450.9660, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9706.4101 was up 3.60% compared to the 2023 peak of 9369.0340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,532,050 IDR
2023 Average 44,827,528 IDR
Yearly Trough Low 44,483,853 IDR
Transaction Impact: A difference of 4,048,197.36 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9685.6477
8958.3035
JanuMarcMayJulySeptNove

AZN 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 9365.0870, compared to 9299.4994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.5876 points.

H1 Avg (Jan–Jun) 9365.0870
H2 Avg (Jul–Dec) 9299.4994

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 521.6589 IDR (High: 9581.1883 / Low: 9059.5294). On the other end, February was the most stable month, with a tight range of 112.9196 IDR (High: 9279.5694 / Low: 9166.6498).

August Spread (Volatile) ±521.6589
February Spread (Stable) ±112.9196

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 289.1279 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -289.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 9625.0357) against the same month in 2023 (average: 8791.2794), the exchange rate shifted by +833.7563 (+9.48%).

2024 Avg (June) 9625.0357
2023 Avg (June) 8791.2794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9314.8299 9052.9412 9186.9497
February 9279.5694 9166.6498 9213.8744
March 9353.4655 9133.3542 9242.1107
April 9610.0651 9345.7353 9472.8678
May 9564.8059 9369.1684 9449.6838
June 9706.4101 9535.3488 9625.0357
July 9645.6775 9477.0683 9558.5357
August 9581.1883 9059.5294 9269.4079
September 9150.6616 8896.7706 9018.9155
October 9278.2832 8988.8797 9181.0824
November 9402.1705 9161.3829 9318.0887
December 9610.7353 9317.2885 9450.9660