YEARLY HIGH
3211.8721 IDR
YEARLY LOW
2845.9348 IDR
YEARLY AVERAGE
3053.7067 IDR

2023 BRL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 3211.8721. Conversely, the yearly low was recorded on January 3, dropping to 2845.9348.

This high-to-low spread represents a total annual volatility of 365.9372 IDR. From a start-to-finish perspective, comparing the January average rate of 2938.4573 to the December average rate of 3161.8172, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3211.8721 was up 3.01% compared to the 2022 peak of 3118.0964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 80,296,802 IDR
2022 Average 72,005,634 IDR
Yearly Trough Low 71,148,371 IDR
Transaction Impact: A difference of 9,148,430.46 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3203.6628
2903.0762
JanuMarcMayJulySeptNove

BRL 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 2972.0430, compared to 3135.3703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 163.3273 points.

H1 Avg (Jan–Jun) 2972.0430
H2 Avg (Jul–Dec) 3135.3703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 183.0104 IDR (High: 3157.1265 / Low: 2974.1162). On the other end, November was the most stable month, with a tight range of 67.8414 IDR (High: 3211.8721 / Low: 3144.0307).

June Spread (Volatile) ±183.0104
November Spread (Stable) ±67.8414

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 27.8776 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -27.8776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3178.6139) against the same month in 2022 (average: 2965.6495), the exchange rate shifted by +212.9645 (+7.18%).

2023 Avg (November) 3178.6139
2022 Avg (November) 2965.6495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2990.1020 2845.9348 2938.4573
February 2961.7782 2862.2534 2928.1251
March 3002.7743 2846.6917 2935.6845
April 3015.8241 2940.0060 2965.6225
May 3027.0060 2926.9450 2983.4227
June 3157.1265 2974.1162 3080.9460
July 3197.2249 3088.5663 3138.5239
August 3164.5233 3072.8523 3110.6463
September 3168.0192 3074.5986 3109.0070
October 3193.9035 3024.2289 3113.6136
November 3211.8721 3144.0307 3178.6139
December 3199.5459 3121.9512 3161.8172