2023 BOB to IDR Historical Review

YEARLY HIGH

2308.3649 IDR

YEARLY LOW

2123.1699 IDR

YEARLY AVERAGE

2206.3955 IDR

2023 BOB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2308.3649. Conversely, the yearly low was recorded on April 30, dropping to 2123.1699.

This high-to-low spread represents a total annual volatility of 185.1950 IDR. From a start-to-finish perspective, comparing the January average rate of 2205.8980 to the December average rate of 2238.1354, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2308.3649 was up 0.54% compared to the 2022 peak of 2295.8835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,541,825 IDR

2022 Average 10,772,193 IDR

Yearly Trough Low 10,615,850 IDR

Transaction Impact: A difference of 925,975.01 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2295.7291

2136.1087

JanuMarcMayJulySeptNove

BOB 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 2180.4585, compared to 2232.3324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.8739 points.

H1 Avg (Jan–Jun) 2180.4585

H2 Avg (Jul–Dec) 2232.3324

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 98.9701 IDR (High: 2260.2468 / Low: 2161.2767). On the other end, August was the most stable month, with a tight range of 34.6519 IDR (High: 2224.6051 / Low: 2189.9532).

January Spread (Volatile) ±98.9701

August Spread (Stable) ±34.6519

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 64.3141 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -64.3141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2282.4274) against the same month in 2022 (average: 2233.2931), the exchange rate shifted by +49.1343 (+2.20%).

2023 Avg (October) 2282.4274

2022 Avg (October) 2233.2931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2260.2468	2161.2767	2205.8980
February	2210.4022	2155.7629	2194.4808
March	2256.4928	2167.7139	2216.9275
April	2174.6567	2123.1699	2152.6135
May	2172.0206	2124.0704	2149.4104
June	2183.3689	2148.1815	2163.4210
July	2207.3469	2166.3025	2181.4374
August	2224.6051	2189.9532	2209.3647
September	2251.8137	2203.2354	2225.6114
October	2308.3649	2231.8839	2282.4274
November	2303.5424	2223.0098	2257.0182
December	2263.3946	2222.5727	2238.1354