2024 IDR to CVE Historical Review

YEARLY HIGH

0.0066 CVE

YEARLY LOW

0.0062 CVE

YEARLY AVERAGE

0.0064 CVE

2024 IDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0066. Conversely, the yearly low was recorded on August 5, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0004 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0066, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0066 was down 5.63% compared to the 2023 peak of 0.0070, 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 66,484 CVE

2023 Average 66,991 CVE

Yearly Trough Low 62,101 CVE

Transaction Impact: A difference of 4,383.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0066

0.0062

JanuMarcMayJulySeptNove

IDR to CVE 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 0.0064, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 CVE (High: 0.0066 / Low: 0.0064). On the other end, June was the most stable month, with a tight range of 0.0001 CVE (High: 0.0063 / Low: 0.0062).

November Spread (Volatile) ±0.0003

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0066) against the same month in 2023 (average: 0.0066), the exchange rate shifted by -0.0000 (-0.20%).

2024 Avg (November) 0.0066

2023 Avg (November) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0065	0.0064	0.0065
February	0.0066	0.0065	0.0065
March	0.0065	0.0064	0.0065
April	0.0064	0.0063	0.0064
May	0.0065	0.0063	0.0064
June	0.0063	0.0062	0.0063
July	0.0063	0.0062	0.0063
August	0.0065	0.0062	0.0064
September	0.0066	0.0064	0.0065
October	0.0066	0.0064	0.0065
November	0.0066	0.0064	0.0066
December	0.0066	0.0065	0.0066