2024 SVC to IDR Historical Review

YEARLY HIGH

1888.6121 IDR

YEARLY LOW

1728.8361 IDR

YEARLY AVERAGE

1813.5454 IDR

2024 SVC to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 1888.6121. Conversely, the yearly low was recorded on September 29, dropping to 1728.8361.

This high-to-low spread represents a total annual volatility of 159.7760 IDR. From a start-to-finish perspective, comparing the January average rate of 1785.5489 to the December average rate of 1836.7449, 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 1888.6121 was up 3.60% compared to the 2023 peak of 1822.9986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,443,061 IDR

2023 Average 8,713,794 IDR

Yearly Trough Low 8,644,181 IDR

Transaction Impact: A difference of 798,880.22 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1881.8063

1740.1503

JanuMarcMayJulySeptNove

SVC 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 1820.1930, compared to 1806.8979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.2951 points.

H1 Avg (Jan–Jun) 1820.1930

H2 Avg (Jul–Dec) 1806.8979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 103.7569 IDR (High: 1863.2056 / Low: 1759.4486). On the other end, February was the most stable month, with a tight range of 21.2354 IDR (High: 1801.5950 / Low: 1780.3597).

August Spread (Volatile) ±103.7569

February Spread (Stable) ±21.2354

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 54.8898 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -54.8898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1870.0016) against the same month in 2023 (average: 1708.4965), the exchange rate shifted by +161.5051 (+9.45%).

2024 Avg (June) 1870.0016

2023 Avg (June) 1708.4965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1810.6903	1753.9233	1785.5489
February	1801.5950	1780.3597	1789.8244
March	1817.2360	1774.1303	1797.2541
April	1867.9531	1816.7376	1841.9794
May	1858.4045	1820.4397	1836.5493
June	1888.6121	1848.0105	1870.0016
July	1873.9799	1841.5656	1857.4633
August	1863.2056	1759.4486	1802.5736
September	1778.2973	1728.8361	1751.9550
October	1802.4280	1747.7882	1782.5845
November	1827.3887	1779.0791	1810.0660
December	1866.9004	1810.5121	1836.7449