2023 IDR to ARS Historical Review

YEARLY HIGH

0.0527 ARS

YEARLY LOW

0.0114 ARS

YEARLY AVERAGE

0.0193 ARS

2023 IDR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0527. Conversely, the yearly low was recorded on January 1, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0413 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0408, the exchange rate registered a net change of 241.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0527 was up 361.94% compared to the 2022 peak of 0.0114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 526,604 ARS

2022 Average 87,646 ARS

Yearly Trough Low 113,620 ARS

Transaction Impact: A difference of 412,983.88 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0437

0.0091

JanuMarcMayJulySeptNove

IDR to ARS 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 0.0141, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0294 ARS (High: 0.0527 / Low: 0.0233). On the other end, September was the most stable month, with a tight range of 0.0005 ARS (High: 0.0230 / Low: 0.0225).

December Spread (Volatile) ±0.0294

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0408) against the same month in 2022 (average: 0.0111), the exchange rate shifted by +0.0298 (+269.11%).

2023 Avg (December) 0.0408

2022 Avg (December) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0114	0.0119
February	0.0129	0.0124	0.0126
March	0.0139	0.0128	0.0132
April	0.0151	0.0139	0.0145
May	0.0160	0.0151	0.0155
June	0.0171	0.0161	0.0166
July	0.0182	0.0170	0.0176
August	0.0230	0.0182	0.0210
September	0.0230	0.0225	0.0228
October	0.0227	0.0220	0.0222
November	0.0234	0.0220	0.0227
December	0.0527	0.0233	0.0408