2024 IDR to ZAR Historical Review

YEARLY HIGH

0.0012 ZAR

YEARLY LOW

0.0011 ZAR

YEARLY AVERAGE

0.0012 ZAR

2024 IDR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0012. Conversely, the yearly low was recorded on June 20, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0001 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0011, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0012 was down 6.25% 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 12,384 ZAR

2023 Average 12,110 ZAR

Yearly Trough Low 10,894 ZAR

Transaction Impact: A difference of 1,489.28 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0012

0.0011

JanuMarcMayJulySeptNove

IDR to ZAR 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 0.0012, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0012

H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

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

June Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0012) against the same month in 2023 (average: 0.0012), the exchange rate shifted by +0.0000 (+2.75%).

2024 Avg (February) 0.0012

2023 Avg (February) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

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