YEARLY HIGH
6105.6769 IDR
YEARLY LOW
5596.3849 IDR
YEARLY AVERAGE
5870.7012 IDR

2024 XCD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 6105.6769. Conversely, the yearly low was recorded on September 29, dropping to 5596.3849.

This high-to-low spread represents a total annual volatility of 509.2920 IDR. From a start-to-finish perspective, comparing the January average rate of 5780.0876 to the December average rate of 5944.9935, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6105.6769 was up 3.60% compared to the 2023 peak of 5893.4554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,528,385 IDR
2023 Average 28,199,602 IDR
Yearly Trough Low 27,981,925 IDR
Transaction Impact: A difference of 2,546,460.02 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6092.6166
5635.0913
JanuMarcMayJulySeptNove

XCD 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 5891.6868, compared to 5849.7156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.9712 points.

H1 Avg (Jan–Jun) 5891.6868
H2 Avg (Jul–Dec) 5849.7156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 328.1420 IDR (High: 6026.9079 / Low: 5698.7660). On the other end, February was the most stable month, with a tight range of 71.0304 IDR (High: 5837.1790 / Low: 5766.1485).

August Spread (Volatile) ±328.1420
February Spread (Stable) ±71.0304

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 181.8717 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -181.8717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 6054.4895) against the same month in 2023 (average: 5530.6145), the exchange rate shifted by +523.8751 (+9.47%).

2024 Avg (June) 6054.4895
2023 Avg (June) 5530.6145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5859.3591 5694.6217 5780.0876
February 5837.1790 5766.1485 5795.8544
March 5883.6622 5745.2044 5815.4527
April 6045.0725 5878.7997 5960.0495
May 6016.6029 5893.5399 5944.1869
June 6105.6769 5998.0733 6054.4895
July 6067.4739 5961.4128 6012.6587
August 6026.9079 5698.7660 5830.7870
September 5756.0914 5596.3849 5673.2184
October 5836.3699 5654.3248 5775.2271
November 5914.2994 5762.8354 5861.4090
December 6045.4941 5860.9056 5944.9935