YEARLY HIGH
4398.4998 IDR
YEARLY LOW
4032.0407 IDR
YEARLY AVERAGE
4228.4307 IDR

2024 SAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 4398.4998. Conversely, the yearly low was recorded on September 28, dropping to 4032.0407.

This high-to-low spread represents a total annual volatility of 366.4591 IDR. From a start-to-finish perspective, comparing the January average rate of 4165.3778 to the December average rate of 4276.9028, the exchange rate registered a net change of 2.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4398.4998 was up 3.59% compared to the 2023 peak of 4245.8688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,992,499 IDR
2023 Average 20,314,289 IDR
Yearly Trough Low 20,160,204 IDR
Transaction Impact: A difference of 1,832,295.31 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4389.8708
4058.4149
JanuMarcMayJulySeptNove

SAR 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 4245.4538, compared to 4211.4075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.0463 points.

H1 Avg (Jan–Jun) 4245.4538
H2 Avg (Jul–Dec) 4211.4075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 235.8326 IDR (High: 4340.4834 / Low: 4104.6508). On the other end, February was the most stable month, with a tight range of 51.4660 IDR (High: 4206.1908 / Low: 4154.7247).

August Spread (Volatile) ±235.8326
February Spread (Stable) ±51.4660

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 132.4627 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -132.4627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 4362.2495) against the same month in 2023 (average: 3985.3244), the exchange rate shifted by +376.9251 (+9.46%).

2024 Avg (June) 4362.2495
2023 Avg (June) 3985.3244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4222.7634 4104.0000 4165.3778
February 4206.1908 4154.7247 4176.7329
March 4239.4723 4139.5951 4190.6636
April 4355.2365 4235.5734 4294.4161
May 4335.2153 4246.9011 4283.2830
June 4398.4998 4321.9976 4362.2495
July 4370.8772 4295.5196 4331.9394
August 4340.4834 4104.6508 4199.4767
September 4145.3925 4032.0407 4086.0362
October 4199.8217 4072.8854 4156.2412
November 4255.4734 4146.3646 4217.8487
December 4347.6369 4216.6377 4276.9028