2023 AFN to IDR Historical Review

YEARLY HIGH

226.8742 IDR

YEARLY LOW

162.8500 IDR

YEARLY AVERAGE

185.7831 IDR

2023 AFN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 226.8742. Conversely, the yearly low was recorded on April 18, dropping to 162.8500.

This high-to-low spread represents a total annual volatility of 64.0241 IDR. From a start-to-finish perspective, comparing the January average rate of 171.5624 to the December average rate of 221.3531, the exchange rate registered a net change of 29.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 226.8742 was up 24.36% compared to the 2022 peak of 182.4327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,134,371 IDR

2022 Average 827,653 IDR

Yearly Trough Low 814,250 IDR

Transaction Impact: A difference of 320,120.62 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

226.5710

163.9562

JanuMarcMayJulySeptNove

AFN 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 171.5225, compared to 200.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.5212 points.

H1 Avg (Jan–Jun) 171.5225

H2 Avg (Jul–Dec) 200.0437

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 22.0485 IDR (High: 209.3442 / Low: 187.2957). On the other end, July was the most stable month, with a tight range of 6.1014 IDR (High: 177.4473 / Low: 171.3458).

September Spread (Volatile) ±22.0485

July Spread (Stable) ±6.1014

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.9404 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.9404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 218.1119) against the same month in 2022 (average: 178.0113), the exchange rate shifted by +40.1006 (+22.53%).

2023 Avg (November) 218.1119

2022 Avg (November) 178.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	178.0854	167.1507	171.5624
February	173.3428	165.6575	169.1741
March	178.2719	170.6807	174.6200
April	175.9454	162.8500	171.6796
May	172.5069	166.3162	169.7061
June	176.7865	169.9886	172.3928
July	177.4473	171.3458	173.8607
August	187.6441	174.7506	180.8605
September	209.3442	187.2957	197.3609
October	216.1641	198.2362	208.7152
November	226.8742	209.6609	218.1119
December	225.9144	217.4658	221.3531