YEARLY HIGH
0.0011 GHS
YEARLY LOW
0.0008 GHS
YEARLY AVERAGE
0.0009 GHS

2024 IDR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0011. Conversely, the yearly low was recorded on January 25, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0003 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0009, the exchange rate registered a net change of 19.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0011 was up 24.24% compared to the 2023 peak of 0.0008, 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 10,530 GHS
2023 Average 7,669 GHS
Yearly Trough Low 7,659 GHS
Transaction Impact: A difference of 2,870.66 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0011
0.0007
JanuMarcMayJulySeptNove

IDR to GHS 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 0.0008, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 GHS (High: 0.0011 / Low: 0.0010). On the other end, January was the most stable month, with a tight range of 0.0000 GHS (High: 0.0008 / Low: 0.0008).

November Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0010) against the same month in 2023 (average: 0.0008), the exchange rate shifted by +0.0002 (+32.07%).

2024 Avg (November) 0.0010
2023 Avg (November) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0009 0.0008 0.0009
June 0.0009 0.0009 0.0009
July 0.0010 0.0009 0.0009
August 0.0010 0.0010 0.0010
September 0.0010 0.0010 0.0010
October 0.0010 0.0010 0.0010
November 0.0011 0.0010 0.0010
December 0.0010 0.0009 0.0009