2023 BMD to IDR Historical Review

YEARLY HIGH

15927.3579 IDR

YEARLY LOW

14670.1446 IDR

YEARLY AVERAGE

15241.0186 IDR

2023 BMD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 15927.3579. Conversely, the yearly low was recorded on April 30, dropping to 14670.1446.

This high-to-low spread represents a total annual volatility of 1257.2133 IDR. From a start-to-finish perspective, comparing the January average rate of 15242.9266 to the December average rate of 15482.9223, 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 15927.3579 was up 0.84% compared to the 2022 peak of 15794.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,636,789 IDR

2022 Average 74,252,847 IDR

Yearly Trough Low 73,350,723 IDR

Transaction Impact: A difference of 6,286,066.33 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15851.4298

14754.9250

JanuMarcMayJulySeptNove

BMD 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 15061.7792, compared to 15420.2580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 358.4788 points.

H1 Avg (Jan–Jun) 15061.7792

H2 Avg (Jul–Dec) 15420.2580

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 687.7000 IDR (High: 15627.5000 / Low: 14939.8000). On the other end, June was the most stable month, with a tight range of 230.4314 IDR (High: 15070.4824 / Low: 14840.0510).

January Spread (Volatile) ±687.7000

June Spread (Stable) ±230.4314

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 425.6806 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -425.6806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 15760.0544) against the same month in 2022 (average: 15434.6037), the exchange rate shifted by +325.4508 (+2.11%).

2023 Avg (October) 15760.0544

2022 Avg (October) 15434.6037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15627.5000	14939.8000	15242.9266
February	15265.1500	14895.4160	15165.5795
March	15509.9301	14968.6500	15297.3937
April	15001.7516	14670.1446	14871.7131
May	15008.1000	14674.7985	14846.3004
June	15070.4824	14840.0510	14946.7621
July	15196.3638	14935.0000	15059.3422
August	15370.7153	15139.1024	15266.3530
September	15576.0000	15234.0819	15375.3242
October	15927.3579	15455.4769	15760.0544
November	15908.1857	15349.5000	15577.5520
December	15654.3771	15360.0000	15482.9223