YEARLY HIGH
0.0171 YER
YEARLY LOW
0.0157 YER
YEARLY AVERAGE
0.0164 YER

2023 IDR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0171. Conversely, the yearly low was recorded on October 26, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0013 YER. From a start-to-finish perspective, comparing the January average rate of 0.0164 to the December average rate of 0.0162, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0171 was down 2.88% compared to the 2022 peak of 0.0176, 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 170,653 YER
2022 Average 168,687 YER
Yearly Trough Low 157,182 YER
Transaction Impact: A difference of 13,470.34 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0170
0.0158
JanuMarcMayJulySeptNove

IDR to YER 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 0.0166, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 YER (High: 0.0168 / Low: 0.0160). On the other end, August was the most stable month, with a tight range of 0.0003 YER (High: 0.0165 / Low: 0.0163).

January Spread (Volatile) ±0.0007
August Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0168) against the same month in 2022 (average: 0.0174), the exchange rate shifted by -0.0005 (-3.16%).

2023 Avg (April) 0.0168
2022 Avg (April) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0168 0.0160 0.0164
February 0.0168 0.0164 0.0165
March 0.0167 0.0161 0.0164
April 0.0171 0.0167 0.0168
May 0.0171 0.0167 0.0169
June 0.0169 0.0166 0.0167
July 0.0168 0.0165 0.0166
August 0.0165 0.0163 0.0164
September 0.0164 0.0161 0.0163
October 0.0162 0.0157 0.0159
November 0.0163 0.0157 0.0161
December 0.0163 0.0160 0.0162