2023 ILS to IDR Historical Review

YEARLY HIGH

4491.7513 IDR

YEARLY LOW

3905.5830 IDR

YEARLY AVERAGE

4140.0637 IDR

2023 ILS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4491.7513. Conversely, the yearly low was recorded on October 26, dropping to 3905.5830.

This high-to-low spread represents a total annual volatility of 586.1684 IDR. From a start-to-finish perspective, comparing the January average rate of 4425.9128 to the December average rate of 4226.0449, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4491.7513 was down 3.46% compared to the 2022 peak of 4652.5911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 22,458,757 IDR

2022 Average 22,117,257 IDR

Yearly Trough Low 19,527,915 IDR

Transaction Impact: A difference of 2,930,841.78 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4472.2976

3915.6791

JanuMarcMayJulySeptNove

ILS to IDR 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 4196.7996, compared to 4083.3278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 113.4718 points.

H1 Avg (Jan–Jun) 4196.7996

H2 Avg (Jul–Dec) 4083.3278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 265.9745 IDR (High: 4416.1608 / Low: 4150.1863). On the other end, May was the most stable month, with a tight range of 81.6093 IDR (High: 4095.1712 / Low: 4013.5619).

February Spread (Volatile) ±265.9745

May Spread (Stable) ±81.6093

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 145.1378 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -145.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 4425.9128) against the same month in 2022 (average: 4570.4804), the exchange rate shifted by -144.5676 (-3.16%).

2023 Avg (January) 4425.9128

2022 Avg (January) 4570.4804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4491.7513	4333.5654	4425.9128
February	4416.1608	4150.1863	4280.7750
March	4345.0781	4157.4387	4231.3692
April	4184.0751	4003.0207	4091.7220
May	4095.1712	4013.5619	4044.9763
June	4205.6611	3971.7287	4106.0426
July	4178.6582	4041.3771	4108.2121
August	4163.2230	4000.1658	4077.3633
September	4070.2030	3985.2796	4028.6476
October	4062.3675	3905.5830	3962.0640
November	4196.3462	3963.0272	4097.6350
December	4302.6109	4146.3342	4226.0449