2023 IDR to SRD Historical Review

YEARLY HIGH

0.0026 SRD

YEARLY LOW

0.0020 SRD

YEARLY AVERAGE

0.0024 SRD

2023 IDR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0026. Conversely, the yearly low was recorded on January 8, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0006 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0024, the exchange rate registered a net change of 15.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was up 24.63% compared to the 2022 peak of 0.0021, 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 25,769 SRD

2022 Average 16,257 SRD

Yearly Trough Low 20,201 SRD

Transaction Impact: A difference of 5,567.94 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026

0.0020

JanuMarcMayJulySeptNove

IDR to SRD 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 0.0023, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 SRD (High: 0.0024 / Low: 0.0022). On the other end, August was the most stable month, with a tight range of 0.0001 SRD (High: 0.0025 / Low: 0.0025).

March Spread (Volatile) ±0.0002

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0025) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0011 (+75.05%).

2023 Avg (May) 0.0025

2022 Avg (May) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0020	0.0021
February	0.0022	0.0021	0.0022
March	0.0024	0.0022	0.0023
April	0.0025	0.0024	0.0025
May	0.0026	0.0025	0.0025
June	0.0026	0.0025	0.0025
July	0.0026	0.0025	0.0025
August	0.0025	0.0025	0.0025
September	0.0025	0.0025	0.0025
October	0.0025	0.0024	0.0024
November	0.0025	0.0024	0.0024
December	0.0025	0.0024	0.0024