YEARLY HIGH
0.0398 SDG
YEARLY LOW
0.0352 SDG
YEARLY AVERAGE
0.0377 SDG

2024 IDR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0398. Conversely, the yearly low was recorded on May 1, dropping to 0.0352.

This high-to-low spread represents a total annual volatility of 0.0045 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0385 to the December average rate of 0.0374, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0398 was down 2.68% compared to the 2023 peak of 0.0409, 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 397,699 SDG
2023 Average 391,393 SDG
Yearly Trough Low 352,300 SDG
Transaction Impact: A difference of 45,399.16 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0395
0.0360
JanuMarcMayJulySeptNove

IDR to SDG 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 0.0374, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0374
H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0025 SDG (High: 0.0377 / Low: 0.0352). On the other end, February was the most stable month, with a tight range of 0.0005 SDG (High: 0.0386 / Low: 0.0381).

May Spread (Volatile) ±0.0025
February Spread (Stable) ±0.0005

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0392) against the same month in 2023 (average: 0.0391), the exchange rate shifted by +0.0001 (+0.33%).

2024 Avg (September) 0.0392
2023 Avg (September) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0391 0.0380 0.0385
February 0.0386 0.0381 0.0384
March 0.0387 0.0371 0.0378
April 0.0377 0.0359 0.0364
May 0.0377 0.0352 0.0373
June 0.0370 0.0355 0.0363
July 0.0373 0.0359 0.0366
August 0.0391 0.0369 0.0382
September 0.0398 0.0387 0.0392
October 0.0394 0.0381 0.0385
November 0.0386 0.0376 0.0380
December 0.0380 0.0368 0.0374