YEARLY HIGH
0.0121 DJF
YEARLY LOW
0.0112 DJF
YEARLY AVERAGE
0.0117 DJF

2023 IDR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0121. Conversely, the yearly low was recorded on October 28, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0010 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0117 to the December average rate of 0.0115, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0121 was down 3.08% compared to the 2022 peak of 0.0125, 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 121,341 DJF
2022 Average 119,994 DJF
Yearly Trough Low 111,657 DJF
Transaction Impact: A difference of 9,683.29 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0120
0.0112
JanuMarcMayJulySeptNove

IDR to DJF 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 0.0118, compared to 0.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0118
H2 Avg (Jul–Dec) 0.0115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 DJF (High: 0.0119 / Low: 0.0114). On the other end, December was the most stable month, with a tight range of 0.0002 DJF (High: 0.0116 / Low: 0.0114).

January Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0119) against the same month in 2022 (average: 0.0124), the exchange rate shifted by -0.0004 (-3.62%).

2023 Avg (April) 0.0119
2022 Avg (April) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0114 0.0117
February 0.0119 0.0116 0.0117
March 0.0119 0.0114 0.0116
April 0.0121 0.0118 0.0119
May 0.0121 0.0118 0.0120
June 0.0120 0.0118 0.0119
July 0.0119 0.0117 0.0118
August 0.0118 0.0116 0.0117
September 0.0117 0.0114 0.0116
October 0.0115 0.0112 0.0113
November 0.0116 0.0112 0.0114
December 0.0116 0.0114 0.0115