YEARLY HIGH
0.0065 RUB
YEARLY LOW
0.0043 RUB
YEARLY AVERAGE
0.0056 RUB

2023 IDR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0065. Conversely, the yearly low was recorded on January 15, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0022 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0059, the exchange rate registered a net change of 28.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 34.10% compared to the 2022 peak of 0.0099, 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 65,256 RUB
2022 Average 47,285 RUB
Yearly Trough Low 43,327 RUB
Transaction Impact: A difference of 21,928.58 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065
0.0044
JanuMarcMayJulySeptNove

IDR to RUB 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 0.0051, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0051
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0006 RUB (High: 0.0065 / Low: 0.0059). On the other end, July was the most stable month, with a tight range of 0.0002 RUB (High: 0.0061 / Low: 0.0059).

October Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0063) against the same month in 2022 (average: 0.0041), the exchange rate shifted by +0.0022 (+53.14%).

2023 Avg (August) 0.0063
2022 Avg (August) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0043 0.0046
February 0.0050 0.0047 0.0048
March 0.0052 0.0049 0.0050
April 0.0056 0.0052 0.0054
May 0.0055 0.0052 0.0053
June 0.0059 0.0054 0.0056
July 0.0061 0.0059 0.0060
August 0.0065 0.0061 0.0063
September 0.0064 0.0062 0.0063
October 0.0065 0.0059 0.0062
November 0.0060 0.0056 0.0058
December 0.0060 0.0057 0.0059