2023 BWP to IDR Historical Review

YEARLY HIGH

1227.0208 IDR

YEARLY LOW

1081.6764 IDR

YEARLY AVERAGE

1141.6160 IDR

2023 BWP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1227.0208. Conversely, the yearly low was recorded on June 1, dropping to 1081.6764.

This high-to-low spread represents a total annual volatility of 145.3444 IDR. From a start-to-finish perspective, comparing the January average rate of 1193.2804 to the December average rate of 1146.4169, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1227.0208 was down 2.36% compared to the 2022 peak of 1256.6215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,135,104 IDR

2022 Average 6,009,419 IDR

Yearly Trough Low 5,408,382 IDR

Transaction Impact: A difference of 726,722.01 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1202.3786

1093.2001

JanuMarcMayJulySeptNove

BWP 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 1142.8756, compared to 1140.3563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5194 points.

H1 Avg (Jan–Jun) 1142.8756

H2 Avg (Jul–Dec) 1140.3563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 61.5191 IDR (High: 1227.0208 / Low: 1165.5017). On the other end, September was the most stable month, with a tight range of 17.8070 IDR (High: 1134.4217 / Low: 1116.6147).

January Spread (Volatile) ±61.5191

September Spread (Stable) ±17.8070

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 34.1016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -34.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1193.2804) against the same month in 2022 (average: 1234.7245), the exchange rate shifted by -41.4441 (-3.36%).

2023 Avg (January) 1193.2804

2022 Avg (January) 1234.7245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1227.0208	1165.5017	1193.2804
February	1185.0206	1142.7524	1159.1788
March	1174.8735	1142.9218	1157.2438
April	1152.5877	1107.9599	1133.1661
May	1118.7886	1087.3148	1102.2983
June	1134.4189	1081.6764	1112.0864
July	1162.5356	1112.0619	1137.6749
August	1145.5441	1123.3866	1131.3943
September	1134.4217	1116.6147	1126.6659
October	1167.9321	1128.5172	1147.4223
November	1167.2193	1135.1451	1152.5632
December	1164.1754	1121.2062	1146.4169