YEARLY HIGH
0.0007 SEK
YEARLY LOW
0.0006 SEK
YEARLY AVERAGE
0.0007 SEK

2024 IDR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0007. Conversely, the yearly low was recorded on June 17, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0007, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0007 was down 5.20% compared to the 2023 peak of 0.0007, 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 6,955 SEK
2023 Average 6,964 SEK
Yearly Trough Low 6,360 SEK
Transaction Impact: A difference of 595.61 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0007
0.0006
JanuMarcMayJulySeptNove

IDR to SEK 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 0.0007, compared to 0.0007 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) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0000 SEK (High: 0.0007 / Low: 0.0006). On the other end, June was the most stable month, with a tight range of 0.0000 SEK (High: 0.0006 / Low: 0.0006).

May Spread (Volatile) ±0.0000
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, 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 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0007) against the same month in 2023 (average: 0.0007), the exchange rate shifted by +0.0000 (+0.27%).

2024 Avg (November) 0.0007
2023 Avg (November) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0007 0.0007 0.0007
April 0.0007 0.0007 0.0007
May 0.0007 0.0006 0.0007
June 0.0006 0.0006 0.0006
July 0.0007 0.0006 0.0007
August 0.0007 0.0006 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007