2024 CVE to IDR Historical Review

YEARLY HIGH

161.0280 IDR

YEARLY LOW

150.4111 IDR

YEARLY AVERAGE

155.5408 IDR

2024 CVE to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 161.0280. Conversely, the yearly low was recorded on November 24, dropping to 150.4111.

This high-to-low spread represents a total annual volatility of 10.6169 IDR. From a start-to-finish perspective, comparing the January average rate of 154.4500 to the December average rate of 152.6658, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 161.0280 was up 3.98% compared to the 2023 peak of 154.8679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805,140 IDR

2023 Average 746,579 IDR

Yearly Trough Low 752,056 IDR

Transaction Impact: A difference of 53,084.52 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

160.4936

151.9542

JanuMarcMayJulySeptNove

CVE 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 155.9913, compared to 155.0903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9009 points.

H1 Avg (Jan–Jun) 155.9913

H2 Avg (Jul–Dec) 155.0903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 6.0229 IDR (High: 161.0280 / Low: 155.0051). On the other end, June was the most stable month, with a tight range of 2.1855 IDR (High: 160.7091 / Low: 158.5236).

August Spread (Volatile) ±6.0229

June Spread (Stable) ±2.1855

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.7918 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.7918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 157.0591) against the same month in 2023 (average: 150.9907), the exchange rate shifted by +6.0684 (+4.02%).

2024 Avg (August) 157.0591

2023 Avg (August) 150.9907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	155.5094	152.8176	154.4500
February	154.6344	151.8436	153.1540
March	155.8181	153.1799	154.7600
April	158.3211	155.1449	156.7959
May	159.7866	154.1008	157.2480
June	160.7091	158.5236	159.5396
July	160.7959	158.1796	159.7820
August	161.0280	155.0051	157.0591
September	156.1259	152.3914	154.2673
October	156.4954	151.8955	154.0848
November	156.4064	150.4111	152.6830
December	154.7388	151.4158	152.6658