2024 MAD to IDR Historical Review

YEARLY HIGH

1661.4606 IDR

YEARLY LOW

1547.1552 IDR

YEARLY AVERAGE

1596.5037 IDR

2024 MAD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1661.4606. Conversely, the yearly low was recorded on March 11, dropping to 1547.1552.

This high-to-low spread represents a total annual volatility of 114.3054 IDR. From a start-to-finish perspective, comparing the January average rate of 1569.6846 to the December average rate of 1604.0103, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1661.4606 was up 5.90% compared to the 2023 peak of 1568.9499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,307,303 IDR

2023 Average 7,530,392 IDR

Yearly Trough Low 7,735,776 IDR

Transaction Impact: A difference of 571,526.75 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1657.2348

1548.2947

JanuMarcMayJulySeptNove

MAD 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 1589.6590, compared to 1603.3484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.6894 points.

H1 Avg (Jan–Jun) 1589.6590

H2 Avg (Jul–Dec) 1603.3484

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 61.8368 IDR (High: 1652.1306 / Low: 1590.2938). On the other end, February was the most stable month, with a tight range of 21.8729 IDR (High: 1572.5267 / Low: 1550.6538).

August Spread (Volatile) ±61.8368

February Spread (Stable) ±21.8729

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 39.2726 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -39.2726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1648.1565) against the same month in 2023 (average: 1546.5232), the exchange rate shifted by +101.6332 (+6.57%).

2024 Avg (July) 1648.1565

2023 Avg (July) 1546.5232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1596.5363	1550.4824	1569.6846
February	1572.5267	1550.6538	1557.3731
March	1575.3650	1547.1552	1563.1567
April	1609.1305	1576.6625	1595.7219
May	1634.7978	1587.6010	1608.1338
June	1658.0096	1625.7319	1643.8841
July	1661.4606	1638.0136	1648.1565
August	1652.1306	1590.2938	1615.5494
September	1594.4621	1559.8206	1576.2768
October	1603.6623	1557.5591	1584.7691
November	1614.8562	1576.4075	1591.3286
December	1627.7378	1585.6857	1604.0103