2023 CAD to IDR Historical Review

YEARLY HIGH

11685.7375 IDR

YEARLY LOW

10745.5238 IDR

YEARLY AVERAGE

11289.3520 IDR

2023 CAD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 11685.7375. Conversely, the yearly low was recorded on April 29, dropping to 10745.5238.

This high-to-low spread represents a total annual volatility of 940.2138 IDR. From a start-to-finish perspective, comparing the January average rate of 11357.7549 to the December average rate of 11545.8932, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11685.7375 was down 1.04% compared to the 2022 peak of 11808.1635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,428,688 IDR

2022 Average 57,034,755 IDR

Yearly Trough Low 53,727,619 IDR

Transaction Impact: A difference of 4,701,068.81 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11603.0830

10916.8052

JanuMarcMayJulySeptNove

CAD 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 11169.7258, compared to 11408.9782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 239.2525 points.

H1 Avg (Jan–Jun) 11169.7258

H2 Avg (Jul–Dec) 11408.9782

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 472.7348 IDR (High: 11637.3782 / Low: 11164.6433). On the other end, July was the most stable month, with a tight range of 153.9000 IDR (High: 11460.3547 / Low: 11306.4547).

January Spread (Volatile) ±472.7348

July Spread (Stable) ±153.9000

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 March and April, when the average rate fell by 162.6465 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -162.6465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11545.8932) against the same month in 2022 (average: 11443.7976), the exchange rate shifted by +102.0956 (+0.89%).

2023 Avg (December) 11545.8932

2022 Avg (December) 11443.7976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11637.3782	11164.6433	11357.7549
February	11413.6402	11174.6623	11269.2101
March	11278.6221	10987.1047	11165.4825
April	11137.4059	10745.5238	11002.8360
May	11067.3928	10774.4954	10973.9950
June	11447.3163	11045.3734	11249.0760
July	11460.3547	11306.4547	11382.6696
August	11410.7142	11211.1613	11321.3744
September	11537.0599	11202.0374	11347.0769
October	11618.0854	11348.5097	11492.4895
November	11531.0139	11211.6956	11364.3660
December	11685.7375	11369.1288	11545.8932