YEARLY HIGH
0.0123 LRD
YEARLY LOW
0.0099 LRD
YEARLY AVERAGE
0.0115 LRD

2023 IDR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.0123. Conversely, the yearly low was recorded on January 5, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0025 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0122, the exchange rate registered a net change of 19.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0123 was up 14.27% compared to the 2022 peak of 0.0108, 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 123,422 LRD
2022 Average 103,023 LRD
Yearly Trough Low 98,864 LRD
Transaction Impact: A difference of 24,557.36 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0124
0.0100
JanuMarcMayJulySeptNove

IDR to LRD 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 0.0108, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0108
H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 LRD (High: 0.0108 / Low: 0.0101). On the other end, May was the most stable month, with a tight range of 0.0001 LRD (High: 0.0113 / Low: 0.0112).

March Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 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 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0122) against the same month in 2022 (average: 0.0102), the exchange rate shifted by +0.0020 (+19.73%).

2023 Avg (July) 0.0122
2022 Avg (July) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0099 0.0102
February 0.0105 0.0101 0.0103
March 0.0108 0.0101 0.0104
April 0.0113 0.0108 0.0110
May 0.0113 0.0112 0.0112
June 0.0120 0.0113 0.0117
July 0.0123 0.0120 0.0122
August 0.0123 0.0121 0.0122
September 0.0122 0.0120 0.0121
October 0.0121 0.0117 0.0119
November 0.0123 0.0118 0.0121
December 0.0123 0.0120 0.0122