2024 IDR to MXN Historical Review

YEARLY HIGH

0.0013 MXN

YEARLY LOW

0.0010 MXN

YEARLY AVERAGE

0.0012 MXN

2024 IDR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0013. Conversely, the yearly low was recorded on April 11, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0003 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0013, the exchange rate registered a net change of 15.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0013 was up 3.36% compared to the 2023 peak of 0.0013, 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 13,031 MXN

2023 Average 11,638 MXN

Yearly Trough Low 10,256 MXN

Transaction Impact: A difference of 2,774.41 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0013

0.0010

JanuMarcMayJulySeptNove

IDR to MXN 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 0.0011, compared to 0.0012 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) 0.0011

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 MXN (High: 0.0013 / Low: 0.0012). On the other end, February was the most stable month, with a tight range of 0.0000 MXN (High: 0.0011 / Low: 0.0011).

August Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and September, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0013) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0002 (+13.62%).

2024 Avg (September) 0.0013

2023 Avg (September) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0011	0.0011	0.0011
February	0.0011	0.0011	0.0011
March	0.0011	0.0010	0.0011
April	0.0011	0.0010	0.0010
May	0.0011	0.0010	0.0010
June	0.0012	0.0010	0.0011
July	0.0011	0.0011	0.0011
August	0.0013	0.0012	0.0012
September	0.0013	0.0012	0.0013
October	0.0013	0.0012	0.0013
November	0.0013	0.0013	0.0013
December	0.0013	0.0012	0.0013