YEARLY HIGH
0.0097 JPY
YEARLY LOW
0.0084 JPY
YEARLY AVERAGE
0.0092 JPY

2023 IDR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.0097. Conversely, the yearly low was recorded on January 15, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0013 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0093, the exchange rate registered a net change of 8.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0097 was up 0.81% compared to the 2022 peak of 0.0097, 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 97,437 JPY
2022 Average 88,418 JPY
Yearly Trough Low 84,063 JPY
Transaction Impact: A difference of 13,374.34 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0097
0.0084
JanuMarcMayJulySeptNove

IDR to JPY 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 0.0090, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0090
H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0005 JPY (High: 0.0093 / Low: 0.0087). On the other end, September was the most stable month, with a tight range of 0.0001 JPY (High: 0.0097 / Low: 0.0096).

April Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0096) against the same month in 2022 (average: 0.0091), the exchange rate shifted by +0.0006 (+6.12%).

2023 Avg (November) 0.0096
2022 Avg (November) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0084 0.0085
February 0.0090 0.0086 0.0088
March 0.0089 0.0086 0.0087
April 0.0093 0.0087 0.0090
May 0.0094 0.0091 0.0092
June 0.0096 0.0093 0.0095
July 0.0096 0.0092 0.0094
August 0.0096 0.0094 0.0095
September 0.0097 0.0096 0.0096
October 0.0097 0.0094 0.0095
November 0.0097 0.0095 0.0096
December 0.0095 0.0091 0.0093