YEARLY HIGH
0.0046 GMD
YEARLY LOW
0.0041 GMD
YEARLY AVERAGE
0.0043 GMD

2024 IDR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0046. Conversely, the yearly low was recorded on June 20, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0005 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0045, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0046 was up 4.87% compared to the 2023 peak of 0.0044, 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 46,036 GMD
2023 Average 40,865 GMD
Yearly Trough Low 41,074 GMD
Transaction Impact: A difference of 4,962.90 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0046
0.0041
JanuMarcMayJulySeptNove

IDR to GMD 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 0.0043, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 GMD (High: 0.0046 / Low: 0.0042). On the other end, June was the most stable month, with a tight range of 0.0001 GMD (High: 0.0042 / Low: 0.0041).

August Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0045) against the same month in 2023 (average: 0.0040), the exchange rate shifted by +0.0005 (+12.87%).

2024 Avg (September) 0.0045
2023 Avg (September) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0043
February 0.0043 0.0043 0.0043
March 0.0044 0.0043 0.0043
April 0.0043 0.0042 0.0042
May 0.0043 0.0042 0.0042
June 0.0042 0.0041 0.0041
July 0.0043 0.0041 0.0042
August 0.0046 0.0042 0.0044
September 0.0046 0.0045 0.0045
October 0.0046 0.0043 0.0044
November 0.0046 0.0044 0.0045
December 0.0045 0.0044 0.0045