2023 FJD to IDR Historical Review

YEARLY HIGH

7144.9853 IDR

YEARLY LOW

6572.4711 IDR

YEARLY AVERAGE

6836.2593 IDR

2023 FJD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 7144.9853. Conversely, the yearly low was recorded on May 3, dropping to 6572.4711.

This high-to-low spread represents a total annual volatility of 572.5142 IDR. From a start-to-finish perspective, comparing the January average rate of 6998.0946 to the December average rate of 6989.1306, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7144.9853 was down 0.20% compared to the 2022 peak of 7159.2403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,724,927 IDR

2022 Average 33,923,289 IDR

Yearly Trough Low 32,862,356 IDR

Transaction Impact: A difference of 2,862,571.04 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7030.6058

6640.4716

JanuMarcMayJulySeptNove

FJD 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 6819.3014, compared to 6853.2171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.9156 points.

H1 Avg (Jan–Jun) 6819.3014

H2 Avg (Jul–Dec) 6853.2171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 258.9578 IDR (High: 7144.9853 / Low: 6886.0275). On the other end, September was the most stable month, with a tight range of 103.9771 IDR (High: 6839.9676 / Low: 6735.9905).

January Spread (Volatile) ±258.9578

September Spread (Stable) ±103.9771

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 176.9740 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -176.9740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6998.0946) against the same month in 2022 (average: 6728.5003), the exchange rate shifted by +269.5944 (+4.01%).

2023 Avg (January) 6998.0946

2022 Avg (January) 6728.5003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7144.9853	6886.0275	6998.0946
February	6990.6311	6846.9479	6912.4226
March	6955.4626	6771.6128	6896.7541
April	6809.5922	6597.4746	6719.7801
May	6737.3359	6572.4711	6672.9828
June	6814.6756	6621.5784	6715.7744
July	6884.6366	6697.1352	6790.0545
August	6869.7335	6671.6018	6767.0576
September	6839.9676	6735.9905	6770.2938
October	6967.4666	6723.5436	6908.0732
November	6979.6129	6738.7391	6894.6928
December	7064.7352	6904.3991	6989.1306