YEARLY HIGH
0.0056 INR
YEARLY LOW
0.0052 INR
YEARLY AVERAGE
0.0054 INR

2023 IDR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0056. Conversely, the yearly low was recorded on October 23, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0004 INR. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0054, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0056 was up 2.62% compared to the 2022 peak of 0.0054, 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 55,735 INR
2022 Average 52,928 INR
Yearly Trough Low 52,206 INR
Transaction Impact: A difference of 3,529.20 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056
0.0053
JanuMarcMayJulySeptNove

IDR to INR 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 0.0055, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 INR (High: 0.0055 / Low: 0.0053). On the other end, July was the most stable month, with a tight range of 0.0001 INR (High: 0.0055 / Low: 0.0054).

March Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0055) against the same month in 2022 (average: 0.0053), the exchange rate shifted by +0.0002 (+4.57%).

2023 Avg (May) 0.0055
2022 Avg (May) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0053 0.0054
February 0.0055 0.0054 0.0054
March 0.0055 0.0053 0.0054
April 0.0056 0.0055 0.0055
May 0.0056 0.0055 0.0055
June 0.0056 0.0054 0.0055
July 0.0055 0.0054 0.0055
August 0.0055 0.0054 0.0054
September 0.0054 0.0053 0.0054
October 0.0054 0.0052 0.0053
November 0.0054 0.0052 0.0053
December 0.0054 0.0053 0.0054