2023 KPW to IDR Historical Review

YEARLY HIGH

17.6971 IDR

YEARLY LOW

16.3002 IDR

YEARLY AVERAGE

16.9345 IDR

2023 KPW to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 17.6971. Conversely, the yearly low was recorded on April 30, dropping to 16.3002.

This high-to-low spread represents a total annual volatility of 1.3969 IDR. From a start-to-finish perspective, comparing the January average rate of 16.9366 to the December average rate of 17.2032, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.6971 was up 0.84% compared to the 2022 peak of 17.5489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,485 IDR

2022 Average 82,503 IDR

Yearly Trough Low 81,501 IDR

Transaction Impact: A difference of 6,984.52 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.6127

16.3944

JanuMarcMayJulySeptNove

KPW 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 16.7353, compared to 17.1336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3983 points.

H1 Avg (Jan–Jun) 16.7353

H2 Avg (Jul–Dec) 17.1336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7641 IDR (High: 17.3639 / Low: 16.5998). On the other end, June was the most stable month, with a tight range of 0.2560 IDR (High: 16.7450 / Low: 16.4889).

January Spread (Volatile) ±0.7641

June Spread (Stable) ±0.2560

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 0.4730 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 17.5112) against the same month in 2022 (average: 17.1496), the exchange rate shifted by +0.3616 (+2.11%).

2023 Avg (October) 17.5112

2022 Avg (October) 17.1496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3639	16.5998	16.9366
February	16.9613	16.5505	16.8506
March	17.2333	16.6318	16.9971
April	16.6686	16.3002	16.5241
May	16.6757	16.3053	16.4959
June	16.7450	16.4889	16.6075
July	16.8848	16.5944	16.7326
August	17.0786	16.8212	16.9626
September	17.3067	16.9268	17.0837
October	17.6971	17.1728	17.5112
November	17.6758	17.0550	17.3084
December	17.3938	17.0667	17.2032