YEARLY HIGH
34.7476 IDR
YEARLY LOW
32.2303 IDR
YEARLY AVERAGE
33.4596 IDR

2023 KMF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 34.7476. Conversely, the yearly low was recorded on June 8, dropping to 32.2303.

This high-to-low spread represents a total annual volatility of 2.5173 IDR. From a start-to-finish perspective, comparing the January average rate of 33.3488 to the December average rate of 34.3224, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.7476 was up 1.14% compared to the 2022 peak of 34.3561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173,738 IDR
2022 Average 159,029 IDR
Yearly Trough Low 161,151 IDR
Transaction Impact: A difference of 12,586.53 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.4789
32.6006
JanuMarcMayJulySeptNove

KMF 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 33.0450, compared to 33.8741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8291 points.

H1 Avg (Jan–Jun) 33.0450
H2 Avg (Jul–Dec) 33.8741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.3538 IDR (High: 34.7173 / Low: 33.3635). On the other end, May was the most stable month, with a tight range of 0.5276 IDR (High: 33.0221 / Low: 32.4945).

November Spread (Volatile) ±1.3538
May Spread (Stable) ±0.5276

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4587 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.3224) against the same month in 2022 (average: 33.4947), the exchange rate shifted by +0.8277 (+2.47%).

2023 Avg (December) 34.3224
2022 Avg (December) 33.4947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.8587 33.0254 33.3488
February 33.4480 32.6940 32.9599
March 33.7220 32.6577 33.2100
April 33.4708 32.8393 33.1287
May 33.0221 32.4945 32.7572
June 33.4120 32.2303 32.8657
July 34.2922 33.2268 33.8026
August 34.0967 33.5077 33.8171
September 33.6703 33.1404 33.3585
October 34.3045 33.1315 33.8032
November 34.7173 33.3635 34.1410
December 34.7476 33.6381 34.3224