2023 DJF to IDR Historical Review

YEARLY HIGH

89.5596 IDR

YEARLY LOW

82.4125 IDR

YEARLY AVERAGE

85.7034 IDR

2023 DJF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 89.5596. Conversely, the yearly low was recorded on April 28, dropping to 82.4125.

This high-to-low spread represents a total annual volatility of 7.1471 IDR. From a start-to-finish perspective, comparing the January average rate of 85.7565 to the December average rate of 86.9359, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 89.5596 was up 0.50% compared to the 2022 peak of 89.1157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 447,798 IDR

2022 Average 417,128 IDR

Yearly Trough Low 412,063 IDR

Transaction Impact: A difference of 35,735.35 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.1232

82.9622

JanuMarcMayJulySeptNove

DJF 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 84.7096, compared to 86.6972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9876 points.

H1 Avg (Jan–Jun) 84.7096

H2 Avg (Jul–Dec) 86.6972

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.9986 IDR (High: 88.0423 / Low: 84.0437). On the other end, August was the most stable month, with a tight range of 1.6343 IDR (High: 86.3706 / Low: 84.7363).

January Spread (Volatile) ±3.9986

August Spread (Stable) ±1.6343

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 2.3866 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 88.6098) against the same month in 2022 (average: 86.8034), the exchange rate shifted by +1.8064 (+2.08%).

2023 Avg (October) 88.6098

2022 Avg (October) 86.8034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	88.0423	84.0437	85.7565
February	85.9426	83.7469	85.2083
March	87.5723	84.1749	86.1097
April	84.4971	82.4125	83.7231
May	84.3967	82.5142	83.4756
June	85.0273	83.3106	83.9845
July	85.8191	84.1843	84.7621
August	86.3706	84.7363	85.8115
September	87.4259	85.6675	86.3709
October	89.5596	86.6106	88.6098
November	89.3405	86.3484	87.6930
December	87.9151	86.2718	86.9359