YEARLY HIGH
0.0409 SDG
YEARLY LOW
0.0355 SDG
YEARLY AVERAGE
0.0391 SDG

2023 IDR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0409. Conversely, the yearly low was recorded on November 20, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0054 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0388, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0409 was up 4.67% compared to the 2022 peak of 0.0390, 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 408,653 SDG
2022 Average 335,341 SDG
Yearly Trough Low 354,798 SDG
Transaction Impact: A difference of 53,855.37 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0407
0.0376
JanuMarcMayJulySeptNove

IDR to SDG 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 0.0393, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0036 SDG (High: 0.0391 / Low: 0.0355). On the other end, June was the most stable month, with a tight range of 0.0006 SDG (High: 0.0405 / Low: 0.0399).

November Spread (Volatile) ±0.0036
June Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0402) against the same month in 2022 (average: 0.0311), the exchange rate shifted by +0.0091 (+29.38%).

2023 Avg (April) 0.0402
2022 Avg (April) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0389 0.0367 0.0379
February 0.0392 0.0384 0.0386
March 0.0398 0.0373 0.0386
April 0.0409 0.0383 0.0402
May 0.0408 0.0400 0.0404
June 0.0405 0.0399 0.0402
July 0.0402 0.0395 0.0399
August 0.0397 0.0391 0.0394
September 0.0395 0.0386 0.0391
October 0.0389 0.0377 0.0381
November 0.0391 0.0355 0.0384
December 0.0391 0.0384 0.0388