2024 XCD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |