2023 ALL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 167.8614. Conversely, the yearly low was recorded on February 1, dropping to 139.3206.
This high-to-low spread represents a total annual volatility of 28.5408 IDR. From a start-to-finish perspective, comparing the January average rate of 141.2249 to the December average rate of 164.4213, the exchange rate registered a net change of 16.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 167.8614 was up 12.88% compared to the 2022 peak of 148.7024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL 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 144.3331, compared to 159.4156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 14.1929 IDR (High: 167.8614 / Low: 153.6685). On the other end, September was the most stable month, with a tight range of 2.6244 IDR (High: 154.6953 / Low: 152.0709).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 4.0991 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 161.1882) against the same month in 2022 (average: 129.9682), the exchange rate shifted by +31.2200 (+24.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 145.7021 | 139.3755 | 141.2249 |
| February | 142.0087 | 139.3206 | 140.3526 |
| March | 144.7664 | 140.9215 | 143.1073 |
| April | 147.8236 | 143.0496 | 145.2132 |
| May | 146.3640 | 141.9890 | 145.1577 |
| June | 153.9347 | 146.0875 | 150.9432 |
| July | 167.8614 | 153.6685 | 161.1882 |
| August | 162.8808 | 149.3745 | 157.6907 |
| September | 154.6953 | 152.0709 | 153.5916 |
| October | 160.5672 | 153.2810 | 157.4086 |
| November | 166.4894 | 159.1169 | 162.1934 |
| December | 166.6168 | 161.9815 | 164.4213 |