2024 QAR to IDR Historical Review

YEARLY HIGH

4531.5265 IDR

YEARLY LOW

4151.5756 IDR

YEARLY AVERAGE

4355.3584 IDR

2024 QAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 4531.5265. Conversely, the yearly low was recorded on September 26, dropping to 4151.5756.

This high-to-low spread represents a total annual volatility of 379.9509 IDR. From a start-to-finish perspective, comparing the January average rate of 4287.7408 to the December average rate of 4410.5112, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4531.5265 was up 3.63% compared to the 2023 peak of 4372.6458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,657,632 IDR

2023 Average 20,918,094 IDR

Yearly Trough Low 20,757,878 IDR

Transaction Impact: A difference of 1,899,754.59 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4518.5228

4180.7435

JanuMarcMayJulySeptNove

QAR 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 4370.6803, compared to 4340.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.6437 points.

H1 Avg (Jan–Jun) 4370.6803

H2 Avg (Jul–Dec) 4340.0366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 246.1738 IDR (High: 4476.4011 / Low: 4230.2273). On the other end, February was the most stable month, with a tight range of 51.8495 IDR (High: 4322.6314 / Low: 4270.7819).

August Spread (Volatile) ±246.1738

February Spread (Stable) ±51.8495

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 128.5584 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -128.5584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 4490.3746) against the same month in 2023 (average: 4103.6537), the exchange rate shifted by +386.7208 (+9.42%).

2024 Avg (June) 4490.3746

2023 Avg (June) 4103.6537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4349.7352	4209.1375	4287.7408
February	4322.6314	4270.7819	4298.8814
March	4367.0474	4264.6988	4315.7150
April	4486.0641	4362.1859	4421.9160
May	4463.8473	4366.9873	4409.4540
June	4531.5265	4432.9985	4490.3746
July	4503.1449	4424.5839	4459.3598
August	4476.4011	4230.2273	4330.8014
September	4271.4932	4151.5756	4208.8917
October	4331.2294	4196.6436	4281.9700
November	4390.2190	4277.3235	4348.6852
December	4475.7424	4345.7382	4410.5112