2024 CNY to IDR Historical Review

YEARLY HIGH

2316.9362 IDR

YEARLY LOW

2149.8887 IDR

YEARLY AVERAGE

2210.3861 IDR

2024 CNY to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 2316.9362. Conversely, the yearly low was recorded on September 21, dropping to 2149.8887.

This high-to-low spread represents a total annual volatility of 167.0475 IDR. From a start-to-finish perspective, comparing the January average rate of 2196.8855 to the December average rate of 2206.4678, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2316.9362 was up 0.67% compared to the 2023 peak of 2301.5873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 57,923,405 IDR

2023 Average 53,888,686 IDR

Yearly Trough Low 53,747,217 IDR

Transaction Impact: A difference of 4,176,187.62 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2277.5515

2157.2092

JanuMarcMayJulySeptNove

CNY 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 2217.7824, compared to 2202.9898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.7927 points.

H1 Avg (Jan–Jun) 2217.7824

H2 Avg (Jul–Dec) 2202.9898

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 115.7057 IDR (High: 2277.8542 / Low: 2162.1485). On the other end, March was the most stable month, with a tight range of 39.4045 IDR (High: 2200.5133 / Low: 2161.1088).

August Spread (Volatile) ±115.7057

March Spread (Stable) ±39.4045

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 37.7983 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -37.7983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2267.5230) against the same month in 2023 (average: 2089.2426), the exchange rate shifted by +178.2804 (+8.53%).

2024 Avg (June) 2267.5230

2023 Avg (June) 2089.2426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2230.7513	2170.1663	2196.8855
February	2216.0508	2166.0627	2188.3931
March	2200.5133	2161.1088	2183.8074
April	2284.7586	2196.6251	2228.3446
May	2287.2038	2206.4342	2241.7411
June	2316.9362	2238.2521	2267.5230
July	2266.4641	2220.3716	2239.2723
August	2277.8542	2162.1485	2205.0360
September	2189.7885	2149.8887	2167.2377
October	2243.6623	2173.2650	2201.5588
November	2225.6255	2180.3350	2198.3660
December	2239.2207	2182.1634	2206.4678