YEARLY HIGH
7963.6789 IDR
YEARLY LOW
7335.0723 IDR
YEARLY AVERAGE
7620.5093 IDR

2023 BBD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 7963.6789. Conversely, the yearly low was recorded on April 30, dropping to 7335.0723.

This high-to-low spread represents a total annual volatility of 628.6066 IDR. From a start-to-finish perspective, comparing the January average rate of 7621.4633 to the December average rate of 7741.4612, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7963.6789 was up 0.84% compared to the 2022 peak of 7897.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,818,395 IDR
2022 Average 37,126,424 IDR
Yearly Trough Low 36,675,362 IDR
Transaction Impact: A difference of 3,143,033.16 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7925.7149
7377.4625
JanuMarcMayJulySeptNove

BBD 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 7530.8896, compared to 7710.1290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 179.2394 points.

H1 Avg (Jan–Jun) 7530.8896
H2 Avg (Jul–Dec) 7710.1290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 343.8500 IDR (High: 7813.7500 / Low: 7469.9000). On the other end, June was the most stable month, with a tight range of 115.2157 IDR (High: 7535.2412 / Low: 7420.0255).

January Spread (Volatile) ±343.8500
June Spread (Stable) ±115.2157

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 212.8403 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -212.8403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 7880.0272) against the same month in 2022 (average: 7717.3018), the exchange rate shifted by +162.7254 (+2.11%).

2023 Avg (October) 7880.0272
2022 Avg (October) 7717.3018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7813.7500 7469.9000 7621.4633
February 7632.5750 7447.7080 7582.7897
March 7754.9650 7484.3250 7648.6969
April 7500.8758 7335.0723 7435.8565
May 7504.0500 7337.3993 7423.1502
June 7535.2412 7420.0255 7473.3811
July 7598.1819 7467.5000 7529.6711
August 7685.3576 7569.5512 7633.1765
September 7788.0000 7617.0409 7687.6621
October 7963.6789 7727.7385 7880.0272
November 7954.0929 7674.7500 7788.7760
December 7827.1886 7680.0000 7741.4612