2024 SCR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1221.1661. Conversely, the yearly low was recorded on October 14, dropping to 1035.4289.
This high-to-low spread represents a total annual volatility of 185.7372 IDR. From a start-to-finish perspective, comparing the January average rate of 1167.4664 to the December average rate of 1139.0435, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1221.1661 was down 2.30% compared to the 2023 peak of 1249.8551, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1172.3902, compared to 1149.4631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.9271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 156.7449 IDR (High: 1192.1739 / Low: 1035.4289). On the other end, May was the most stable month, with a tight range of 42.8634 IDR (High: 1198.3102 / Low: 1155.4468).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 29.8984 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 1148.0886) against the same month in 2023 (average: 1141.6582), the exchange rate shifted by +6.4304 (+0.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1201.7731 | 1117.8523 | 1167.4664 |
| February | 1189.0643 | 1132.9244 | 1163.9550 |
| March | 1180.3330 | 1092.7391 | 1156.4550 |
| April | 1203.9523 | 1129.2344 | 1185.2626 |
| May | 1198.3102 | 1155.4468 | 1176.3711 |
| June | 1215.7756 | 1120.4554 | 1184.8308 |
| July | 1213.8882 | 1148.9361 | 1177.9870 |
| August | 1221.1661 | 1066.6001 | 1148.0886 |
| September | 1181.2220 | 1090.3052 | 1140.2510 |
| October | 1192.1739 | 1035.4289 | 1139.0520 |
| November | 1183.3990 | 1110.1250 | 1152.3562 |
| December | 1197.7441 | 1056.3370 | 1139.0435 |