2024 CAD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 12057.8549. Conversely, the yearly low was recorded on September 21, dropping to 11161.1882.
This high-to-low spread represents a total annual volatility of 896.6667 IDR. From a start-to-finish perspective, comparing the January average rate of 11641.7753 to the December average rate of 11265.6128, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 12057.8549 was up 3.18% compared to the 2023 peak of 11685.7375, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD 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 11720.2784, compared to 11438.5477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 281.7306 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 406.6991 IDR (High: 11749.8328 / Low: 11343.1337). On the other end, December was the most stable month, with a tight range of 168.3780 IDR (High: 11361.1965 / Low: 11192.8185).
Growth Streaks & Declines
TrendsNo 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 318.6918 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 11938.4749) against the same month in 2023 (average: 11249.0760), the exchange rate shifted by +689.3989 (+6.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11806.7395 | 11578.1595 | 11641.7753 |
| February | 11754.5626 | 11540.9159 | 11607.2955 |
| March | 11754.7652 | 11488.6712 | 11606.7042 |
| April | 11883.0071 | 11664.1741 | 11773.7770 |
| May | 11915.1672 | 11680.2838 | 11753.6434 |
| June | 12057.8549 | 11814.0446 | 11938.4749 |
| July | 12005.1798 | 11770.6027 | 11847.9986 |
| August | 11749.8328 | 11343.1337 | 11529.3068 |
| September | 11524.0136 | 11161.1882 | 11316.6623 |
| October | 11563.6221 | 11203.1493 | 11343.1012 |
| November | 11433.9399 | 11230.0507 | 11328.6048 |
| December | 11361.1965 | 11192.8185 | 11265.6128 |