2023 BRL to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |