2023 IQD to IDR Historical Review

YEARLY HIGH

12.1761 IDR

YEARLY LOW

10.0412 IDR

YEARLY AVERAGE

11.2440 IDR

2023 IQD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 12.1761. Conversely, the yearly low was recorded on April 30, dropping to 10.0412.

This high-to-low spread represents a total annual volatility of 2.1350 IDR. From a start-to-finish perspective, comparing the January average rate of 10.4425 to the December average rate of 11.8129, the exchange rate registered a net change of 13.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1761 was up 12.02% compared to the 2022 peak of 10.8697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,881 IDR

2022 Average 50,868 IDR

Yearly Trough Low 50,206 IDR

Transaction Impact: A difference of 10,674.91 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.2165

10.0790

JanuMarcMayJulySeptNove

IQD 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 10.7098, compared to 11.7781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0683 points.

H1 Avg (Jan–Jun) 10.7098

H2 Avg (Jul–Dec) 11.7781

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.4038 IDR (High: 11.4566 / Low: 10.0527). On the other end, August was the most stable month, with a tight range of 0.2147 IDR (High: 11.7399 / Low: 11.5252).

May Spread (Volatile) ±1.4038

August Spread (Stable) ±0.2147

Growth Streaks & Declines

Trends

Between April and October, 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 March and April, when the average rate fell by 0.2379 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.0384) against the same month in 2022 (average: 10.5757), the exchange rate shifted by +1.4627 (+13.83%).

2023 Avg (October) 12.0384

2022 Avg (October) 10.5757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7001	10.2319	10.4425
February	10.4843	10.2032	10.3891
March	10.6832	10.2525	10.4951
April	11.3726	10.0412	10.2571
May	11.4566	10.0527	11.2620
June	11.5564	11.3298	11.4129
July	11.6643	11.4008	11.5080
August	11.7399	11.5252	11.6566
September	11.8847	11.6250	11.7411
October	12.1761	11.7806	12.0384
November	12.1475	11.7272	11.9117
December	11.9428	11.7242	11.8129