2023 IDR to TRY Historical Review

YEARLY HIGH

0.0019 TRY

YEARLY LOW

0.0012 TRY

YEARLY AVERAGE

0.0016 TRY

2023 IDR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0019. Conversely, the yearly low was recorded on January 4, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0007 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0019, the exchange rate registered a net change of 52.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was up 55.73% compared to the 2022 peak of 0.0012, 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 19,153 TRY

2022 Average 11,137 TRY

Yearly Trough Low 12,005 TRY

Transaction Impact: A difference of 7,147.44 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019

0.0012

JanuMarcMayJulySeptNove

IDR to TRY 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 0.0013, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0013

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 TRY (High: 0.0017 / Low: 0.0014). On the other end, October was the most stable month, with a tight range of 0.0000 TRY (High: 0.0018 / Low: 0.0018).

June Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0019) against the same month in 2022 (average: 0.0012), the exchange rate shifted by +0.0007 (+56.89%).

2023 Avg (December) 0.0019

2022 Avg (December) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0013	0.0012	0.0012
February	0.0013	0.0012	0.0012
March	0.0013	0.0012	0.0012
April	0.0013	0.0013	0.0013
May	0.0014	0.0013	0.0013
June	0.0017	0.0014	0.0016
July	0.0018	0.0017	0.0018
August	0.0018	0.0017	0.0018
September	0.0018	0.0017	0.0018
October	0.0018	0.0018	0.0018
November	0.0019	0.0018	0.0018
December	0.0019	0.0019	0.0019