2024 IQD to IDR Historical Review

YEARLY HIGH

12.6155 IDR

YEARLY LOW

11.5457 IDR

YEARLY AVERAGE

12.1138 IDR

2024 IQD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 12.6155. Conversely, the yearly low was recorded on September 28, dropping to 11.5457.

This high-to-low spread represents a total annual volatility of 1.0698 IDR. From a start-to-finish perspective, comparing the January average rate of 11.9269 to the December average rate of 12.2688, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.6155 was up 3.61% compared to the 2023 peak of 12.1761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 63,077 IDR

2023 Average 56,250 IDR

Yearly Trough Low 57,728 IDR

Transaction Impact: A difference of 5,348.84 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5687

11.6224

JanuMarcMayJulySeptNove

IQD to IDR 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 12.1574, compared to 12.0703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0872 points.

H1 Avg (Jan–Jun) 12.1574

H2 Avg (Jul–Dec) 12.0703

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7039 IDR (High: 12.4605 / Low: 11.7566). On the other end, February was the most stable month, with a tight range of 0.1413 IDR (High: 12.0344 / Low: 11.8931).

August Spread (Volatile) ±0.7039

February Spread (Stable) ±0.1413

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.3597 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 12.4899) against the same month in 2023 (average: 11.4129), the exchange rate shifted by +1.0769 (+9.44%).

2024 Avg (June) 12.4899

2023 Avg (June) 11.4129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0917	11.7243	11.9269
February	12.0344	11.8931	11.9549
March	12.1419	11.8501	12.0047
April	12.4747	12.1346	12.2997
May	12.4085	12.1595	12.2684
June	12.6155	12.3440	12.4899
July	12.5199	12.3028	12.4085
August	12.4605	11.7566	12.0488
September	11.8768	11.5457	11.7013
October	12.0394	11.6703	11.9077
November	12.1966	11.8841	12.0865
December	12.4693	12.0936	12.2688