YEARLY HIGH
0.0388 SOS
YEARLY LOW
0.0358 SOS
YEARLY AVERAGE
0.0374 SOS

2023 IDR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0388. Conversely, the yearly low was recorded on October 29, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0030 SOS. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0369, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0388 was down 5.58% compared to the 2022 peak of 0.0411, 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 388,080 SOS
2022 Average 387,971 SOS
Yearly Trough Low 358,313 SOS
Transaction Impact: A difference of 29,767.12 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0385
0.0360
JanuMarcMayJulySeptNove

IDR to SOS 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 0.0378, compared to 0.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0378
H2 Avg (Jul–Dec) 0.0370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0017 SOS (High: 0.0381 / Low: 0.0364). On the other end, August was the most stable month, with a tight range of 0.0006 SOS (High: 0.0376 / Low: 0.0370).

January Spread (Volatile) ±0.0017
August 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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0383) against the same month in 2022 (average: 0.0398), the exchange rate shifted by -0.0015 (-3.77%).

2023 Avg (May) 0.0383
2022 Avg (May) 0.0398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0381 0.0364 0.0373
February 0.0382 0.0372 0.0375
March 0.0380 0.0365 0.0371
April 0.0387 0.0378 0.0382
May 0.0388 0.0379 0.0383
June 0.0384 0.0375 0.0380
July 0.0381 0.0373 0.0378
August 0.0376 0.0370 0.0373
September 0.0374 0.0367 0.0371
October 0.0370 0.0358 0.0362
November 0.0372 0.0359 0.0366
December 0.0372 0.0365 0.0369