2023 CRC to IDR Historical Review

YEARLY HIGH

30.0396 IDR

YEARLY LOW

26.0318 IDR

YEARLY AVERAGE

28.1596 IDR

2023 CRC to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 30.0396. Conversely, the yearly low was recorded on February 9, dropping to 26.0318.

This high-to-low spread represents a total annual volatility of 4.0078 IDR. From a start-to-finish perspective, comparing the January average rate of 26.5250 to the December average rate of 29.4821, the exchange rate registered a net change of 11.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.0396 was up 10.54% compared to the 2022 peak of 27.1752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,198 IDR

2022 Average 115,400 IDR

Yearly Trough Low 130,159 IDR

Transaction Impact: A difference of 20,038.96 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.9418

26.2144

JanuMarcMayJulySeptNove

CRC 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 27.4133, compared to 28.9060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4927 points.

H1 Avg (Jan–Jun) 27.4133

H2 Avg (Jul–Dec) 28.9060

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.4013 IDR (High: 28.7144 / Low: 27.3130). On the other end, June was the most stable month, with a tight range of 0.5258 IDR (High: 27.9714 / Low: 27.4456).

March Spread (Volatile) ±1.4013

June Spread (Stable) ±0.5258

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 0.2735 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 29.6312) against the same month in 2022 (average: 24.7519), the exchange rate shifted by +4.8793 (+19.71%).

2023 Avg (October) 29.6312

2022 Avg (October) 24.7519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.1572	26.1061	26.5250
February	27.3663	26.0318	26.8407
March	28.7144	27.3130	28.0407
April	28.1755	27.4519	27.7672
May	28.0270	27.0029	27.6248
June	27.9714	27.4456	27.6812
July	28.1961	27.4576	27.8800
August	28.7627	27.7778	28.3670
September	29.0248	28.2535	28.7096
October	30.0396	28.8468	29.6312
November	29.9766	28.9663	29.3661
December	29.8512	29.1162	29.4821