2023 GMD to IDR Historical Review

YEARLY HIGH

254.9725 IDR

YEARLY LOW

227.8087 IDR

YEARLY AVERAGE

244.9736 IDR

2023 GMD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 254.9725. Conversely, the yearly low was recorded on December 13, dropping to 227.8087.

This high-to-low spread represents a total annual volatility of 27.1639 IDR. From a start-to-finish perspective, comparing the January average rate of 245.7538 to the December average rate of 229.8795, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 254.9725 was down 8.39% compared to the 2022 peak of 278.3103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,274,863 IDR

2022 Average 1,342,167 IDR

Yearly Trough Low 1,139,043 IDR

Transaction Impact: A difference of 135,819.36 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

254.7515

227.6184

JanuMarcMayJulySeptNove

GMD 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 247.2197, compared to 242.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4921 points.

H1 Avg (Jan–Jun) 247.2197

H2 Avg (Jul–Dec) 242.7276

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 17.4629 IDR (High: 254.5697 / Low: 237.1068). On the other end, June was the most stable month, with a tight range of 3.3108 IDR (High: 252.9666 / Low: 249.6558).

September Spread (Volatile) ±17.4629

June Spread (Stable) ±3.3108

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.7344 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.7344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 252.4905) against the same month in 2022 (average: 276.9967), the exchange rate shifted by -24.5063 (-8.85%).

2023 Avg (July) 252.4905

2022 Avg (July) 276.9967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	251.6591	240.5170	245.7538
February	249.8388	241.8214	248.2137
March	253.6375	240.8471	249.2094
April	244.7631	236.3383	240.4750
May	251.8138	243.7674	248.3788
June	252.9666	249.6558	251.2875
July	254.9725	250.5872	252.4905
August	253.8516	249.9490	251.9866
September	254.5697	237.1068	248.9036
October	244.1564	237.2824	240.1917
November	244.5532	228.0758	232.9136
December	232.2608	227.8087	229.8795