YEARLY HIGH
284.4823 IDR
YEARLY LOW
263.1064 IDR
YEARLY AVERAGE
272.2230 IDR

2023 DOP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 284.4823. Conversely, the yearly low was recorded on February 1, dropping to 263.1064.

This high-to-low spread represents a total annual volatility of 21.3760 IDR. From a start-to-finish perspective, comparing the January average rate of 269.3740 to the December average rate of 270.0793, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 284.4823 was down 3.29% compared to the 2022 peak of 294.1678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,422,412 IDR
2022 Average 1,352,219 IDR
Yearly Trough Low 1,315,532 IDR
Transaction Impact: A difference of 106,879.82 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

279.3036
268.4714
JanuMarcMayJulySeptNove

DOP 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 272.3772, compared to 272.0688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3084 points.

H1 Avg (Jan–Jun) 272.3772
H2 Avg (Jul–Dec) 272.0688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 14.3368 IDR (High: 277.6927 / Low: 263.3559). On the other end, August was the most stable month, with a tight range of 3.4633 IDR (High: 271.3404 / Low: 267.8771).

January Spread (Volatile) ±14.3368
August Spread (Stable) ±3.4633

Growth Streaks & Declines

Trends

Between January and March, 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 6.5203 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.5203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 278.4009) against the same month in 2022 (average: 261.2670), the exchange rate shifted by +17.1339 (+6.56%).

2023 Avg (March) 278.4009
2022 Avg (March) 261.2670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 277.6927 263.3559 269.3740
February 274.3202 263.1064 269.9710
March 284.4823 273.1505 278.4009
April 274.4979 268.4730 271.8806
May 275.1256 269.1700 272.2527
June 274.6709 270.7026 272.3840
July 274.0615 267.3860 269.8758
August 271.3404 267.8771 269.5996
September 274.3265 267.3327 270.9063
October 280.3237 271.7467 277.4700
November 280.1339 270.4964 274.4817
December 274.3443 264.8587 270.0793