2023 BAM to IDR Historical Review

YEARLY HIGH

8745.8190 IDR

YEARLY LOW

8132.4222 IDR

YEARLY AVERAGE

8429.5095 IDR

2023 BAM to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 8745.8190. Conversely, the yearly low was recorded on June 6, dropping to 8132.4222.

This high-to-low spread represents a total annual volatility of 613.3968 IDR. From a start-to-finish perspective, comparing the January average rate of 8385.5233 to the December average rate of 8641.1369, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 8745.8190 was up 1.78% compared to the 2022 peak of 8592.8910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,729,095 IDR

2022 Average 39,971,086 IDR

Yearly Trough Low 40,662,111 IDR

Transaction Impact: A difference of 3,066,984.03 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8679.6756

8217.2117

JanuMarcMayJulySeptNove

BAM 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 8324.5295, compared to 8534.4894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 209.9599 points.

H1 Avg (Jan–Jun) 8324.5295

H2 Avg (Jul–Dec) 8534.4894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 309.1349 IDR (High: 8674.9916 / Low: 8365.8567). On the other end, September was the most stable month, with a tight range of 119.9646 IDR (High: 8461.1492 / Low: 8341.1846).

October Spread (Volatile) ±309.1349

September Spread (Stable) ±119.9646

Growth Streaks & Declines

Trends

Between May and August, 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 111.4145 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -111.4145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 8641.1369) against the same month in 2022 (average: 8426.1774), the exchange rate shifted by +214.9595 (+2.55%).

2023 Avg (December) 8641.1369

2022 Avg (December) 8426.1774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8517.3221	8298.5335	8385.5233
February	8435.5851	8217.2177	8306.8632
March	8474.2493	8288.2212	8372.3765
April	8446.3040	8241.6228	8344.6206
May	8337.0906	8200.3841	8255.7503
June	8427.4600	8132.4222	8282.0434
July	8628.7564	8361.1756	8514.7890
August	8613.3281	8401.4639	8518.7975
September	8461.1492	8341.1846	8407.3830
October	8674.9916	8365.8567	8516.4096
November	8731.2133	8476.3850	8608.4207
December	8745.8190	8468.1054	8641.1369