YEARLY HIGH
0.0310 KMF
YEARLY LOW
0.0288 KMF
YEARLY AVERAGE
0.0299 KMF

2023 IDR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0310. Conversely, the yearly low was recorded on December 20, dropping to 0.0288.

This high-to-low spread represents a total annual volatility of 0.0022 KMF. From a start-to-finish perspective, comparing the January average rate of 0.0300 to the December average rate of 0.0291, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0310 was down 8.28% compared to the 2022 peak of 0.0338, 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 310,267 KMF
2022 Average 314,752 KMF
Yearly Trough Low 287,790 KMF
Transaction Impact: A difference of 22,477.48 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0307
0.0290
JanuMarcMayJulySeptNove

IDR to KMF 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 0.0303, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0303
H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 KMF (High: 0.0300 / Low: 0.0288). On the other end, September was the most stable month, with a tight range of 0.0005 KMF (High: 0.0302 / Low: 0.0297).

November Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0005

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 June and July, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0304) against the same month in 2022 (average: 0.0316), the exchange rate shifted by -0.0012 (-3.82%).

2023 Avg (June) 0.0304
2022 Avg (June) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0303 0.0295 0.0300
February 0.0306 0.0299 0.0303
March 0.0306 0.0297 0.0301
April 0.0305 0.0299 0.0302
May 0.0308 0.0303 0.0305
June 0.0310 0.0299 0.0304
July 0.0301 0.0292 0.0296
August 0.0298 0.0293 0.0296
September 0.0302 0.0297 0.0300
October 0.0302 0.0292 0.0296
November 0.0300 0.0288 0.0293
December 0.0297 0.0288 0.0291