2024 CHF to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 18975.3680. Conversely, the yearly low was recorded on March 21, dropping to 17509.2027.
This high-to-low spread represents a total annual volatility of 1466.1653 IDR. From a start-to-finish perspective, comparing the January average rate of 18202.7950 to the December average rate of 18012.7069, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 18975.3680 was up 3.53% compared to the 2023 peak of 18328.7080, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF 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 17902.5432, compared to 18137.0979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 234.5547 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 971.6009 IDR (High: 18975.3680 / Low: 18003.7671). On the other end, December was the most stable month, with a tight range of 268.1299 IDR (High: 18173.0967 / Low: 17904.9668).
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 January and February, when the average rate fell by 339.8147 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 18376.0691) against the same month in 2023 (average: 17374.9204), the exchange rate shifted by +1001.1487 (+5.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18381.8509 | 17980.7694 | 18202.7950 |
| February | 18344.7204 | 17664.9378 | 17862.9803 |
| March | 17821.7370 | 17509.2027 | 17683.3423 |
| April | 17901.2895 | 17522.1282 | 17698.2503 |
| May | 18006.7219 | 17512.8768 | 17672.0283 |
| June | 18544.3482 | 18006.7219 | 18295.8630 |
| July | 18557.2849 | 17965.2952 | 18222.4270 |
| August | 18975.3680 | 18003.7671 | 18376.0691 |
| September | 18339.5361 | 17814.2814 | 18101.2770 |
| October | 18431.1331 | 17890.3734 | 18120.4800 |
| November | 18337.7699 | 17837.9391 | 17989.6276 |
| December | 18173.0967 | 17904.9668 | 18012.7069 |