2023 HTG to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 119.9293. Conversely, the yearly low was recorded on April 13, dropping to 94.7171.
This high-to-low spread represents a total annual volatility of 25.2122 IDR. From a start-to-finish perspective, comparing the January average rate of 102.6913 to the December average rate of 117.0925, the exchange rate registered a net change of 14.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 119.9293 was down 17.45% compared to the 2022 peak of 145.2739, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 101.4550, compared to 114.5819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 11.8156 IDR (High: 107.1248 / Low: 95.3093). On the other end, December was the most stable month, with a tight range of 2.2217 IDR (High: 118.3805 / Low: 116.1588).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.7036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 117.5648) against the same month in 2022 (average: 115.8556), the exchange rate shifted by +1.7091 (+1.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.8950 | 100.3203 | 102.6913 |
| February | 102.2804 | 99.3109 | 100.9811 |
| March | 101.5470 | 96.7161 | 99.6195 |
| April | 96.9509 | 94.7171 | 95.9159 |
| May | 107.1248 | 95.3093 | 102.2010 |
| June | 108.9364 | 105.6618 | 107.3211 |
| July | 110.7028 | 107.8376 | 109.3638 |
| August | 113.4538 | 110.7685 | 112.1621 |
| September | 115.2395 | 112.3379 | 113.6588 |
| October | 119.9049 | 113.8143 | 117.6495 |
| November | 119.9293 | 116.0346 | 117.5648 |
| December | 118.3805 | 116.1588 | 117.0925 |