2023 BZD to IDR Historical Review

YEARLY HIGH

7912.9693 IDR

YEARLY LOW

7280.2403 IDR

YEARLY AVERAGE

7565.1616 IDR

2023 BZD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 7912.9693. Conversely, the yearly low was recorded on April 29, dropping to 7280.2403.

This high-to-low spread represents a total annual volatility of 632.7290 IDR. From a start-to-finish perspective, comparing the January average rate of 7562.0173 to the December average rate of 7673.2065, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7912.9693 was up 0.54% compared to the 2022 peak of 7870.5041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,564,846 IDR

2022 Average 36,840,510 IDR

Yearly Trough Low 36,401,201 IDR

Transaction Impact: A difference of 3,163,644.83 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7869.8105

7323.4076

JanuMarcMayJulySeptNove

BZD 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 7477.3281, compared to 7652.9950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 175.6670 points.

H1 Avg (Jan–Jun) 7477.3281

H2 Avg (Jul–Dec) 7652.9950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 339.7722 IDR (High: 7748.9071 / Low: 7409.1349). On the other end, August was the most stable month, with a tight range of 119.0188 IDR (High: 7626.6099 / Low: 7507.5911).

January Spread (Volatile) ±339.7722

August Spread (Stable) ±119.0188

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 222.8127 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -222.8127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 7824.2769) against the same month in 2022 (average: 7664.2575), the exchange rate shifted by +160.0194 (+2.09%).

2023 Avg (October) 7824.2769

2022 Avg (October) 7664.2575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7748.9071	7409.1349	7562.0173
February	7577.4566	7390.2672	7522.9110
March	7735.4354	7431.5130	7608.2459
April	7455.0715	7280.2403	7385.4332
May	7446.6364	7280.2782	7368.9412
June	7484.8686	7363.8885	7416.4198
July	7567.2721	7425.8875	7479.9219
August	7626.6099	7507.5911	7573.7515
September	7719.2485	7552.8522	7629.4931
October	7912.9693	7651.1315	7824.2769
November	7895.8922	7620.1592	7737.3203
December	7759.1448	7619.4785	7673.2065