2023 AZN to IDR Historical Review

YEARLY HIGH

9369.0340 IDR

YEARLY LOW

8629.4968 IDR

YEARLY AVERAGE

8964.8315 IDR

2023 AZN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 9369.0340. Conversely, the yearly low was recorded on April 30, dropping to 8629.4968.

This high-to-low spread represents a total annual volatility of 739.5372 IDR. From a start-to-finish perspective, comparing the January average rate of 8966.3265 to the December average rate of 9107.6014, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9369.0340 was up 0.84% compared to the 2022 peak of 9290.5882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,845,170 IDR

2022 Average 43,678,417 IDR

Yearly Trough Low 43,147,484 IDR

Transaction Impact: A difference of 3,697,686.07 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9324.3705

8679.3676

JanuMarcMayJulySeptNove

AZN 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 8859.3937, compared to 9070.2694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.8757 points.

H1 Avg (Jan–Jun) 8859.3937

H2 Avg (Jul–Dec) 9070.2694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 404.5294 IDR (High: 9192.6471 / Low: 8788.1176). On the other end, June was the most stable month, with a tight range of 135.5479 IDR (High: 8864.9897 / Low: 8729.4417).

January Spread (Volatile) ±404.5294

June Spread (Stable) ±135.5479

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 248.5785 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -248.5785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 9270.6203) against the same month in 2022 (average: 9079.1786), the exchange rate shifted by +191.4416 (+2.11%).

2023 Avg (October) 9270.6203

2022 Avg (October) 9079.1786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9192.6471	8788.1176	8966.3265
February	8979.5000	8762.0094	8920.9291
March	9123.4883	8805.0882	8996.6438
April	8824.5598	8629.4968	8748.0653
May	8828.2941	8632.2344	8733.1179
June	8864.9897	8729.4417	8791.2794
July	8939.0376	8785.2941	8857.5294
August	9041.5972	8905.3544	8980.2077
September	9162.3529	8961.2246	9044.3084
October	9369.0340	9091.4570	9270.6203
November	9357.7563	9029.1176	9161.3493
December	9208.4571	9035.2941	9107.6014