2024 IDR to ARS Historical Review

YEARLY HIGH

0.0640 ARS

YEARLY LOW

0.0520 ARS

YEARLY AVERAGE

0.0577 ARS

2024 IDR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0640. Conversely, the yearly low was recorded on January 25, dropping to 0.0520.

This high-to-low spread represents a total annual volatility of 0.0120 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0523 to the December average rate of 0.0635, the exchange rate registered a net change of 21.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0640 was up 21.56% compared to the 2023 peak of 0.0527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 640,115 ARS

2023 Average 193,597 ARS

Yearly Trough Low 520,274 ARS

Transaction Impact: A difference of 119,841.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0646

0.0512

JanuMarcMayJulySeptNove

IDR to ARS 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 0.0540, compared to 0.0614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0540

H2 Avg (Jul–Dec) 0.0614

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0042 ARS (High: 0.0614 / Low: 0.0572). On the other end, January was the most stable month, with a tight range of 0.0007 ARS (High: 0.0527 / Low: 0.0520).

August Spread (Volatile) ±0.0042

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0635) against the same month in 2023 (average: 0.0408), the exchange rate shifted by +0.0226 (+55.42%).

2024 Avg (December) 0.0635

2023 Avg (December) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0527	0.0520	0.0523
February	0.0538	0.0525	0.0533
March	0.0546	0.0535	0.0541
April	0.0544	0.0532	0.0539
May	0.0556	0.0539	0.0551
June	0.0558	0.0547	0.0552
July	0.0572	0.0557	0.0567
August	0.0614	0.0572	0.0597
September	0.0639	0.0612	0.0626
October	0.0635	0.0619	0.0627
November	0.0639	0.0622	0.0631
December	0.0640	0.0626	0.0635