YEARLY HIGH
0.9236 IDR
YEARLY LOW
0.7414 IDR
YEARLY AVERAGE
0.8202 IDR

2023 LAK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.9236. Conversely, the yearly low was recorded on December 13, dropping to 0.7414.

This high-to-low spread represents a total annual volatility of 0.1822 IDR. From a start-to-finish perspective, comparing the January average rate of 0.8971 to the December average rate of 0.7496, the exchange rate registered a net change of -16.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9236 was down 27.95% compared to the 2022 peak of 1.2820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,618 IDR
2022 Average 5,310 IDR
Yearly Trough Low 3,707 IDR
Transaction Impact: A difference of 911.14 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9222
0.7339
JanuMarcMayJulySeptNove

LAK 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 0.8715, compared to 0.7688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1027 points.

H1 Avg (Jan–Jun) 0.8715
H2 Avg (Jul–Dec) 0.7688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0485 IDR (High: 0.8414 / Low: 0.7929). On the other end, May was the most stable month, with a tight range of 0.0109 IDR (High: 0.8500 / Low: 0.8391).

June Spread (Volatile) ±0.0485
May Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0391 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9065) against the same month in 2022 (average: 1.2435), the exchange rate shifted by -0.3370 (-27.10%).

2023 Avg (March) 0.9065
2022 Avg (March) 1.2435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9114 0.8869 0.8971
February 0.9078 0.8846 0.8987
March 0.9236 0.8802 0.9065
April 0.8848 0.8462 0.8675
May 0.8500 0.8391 0.8459
June 0.8414 0.7929 0.8134
July 0.8019 0.7792 0.7882
August 0.7955 0.7747 0.7852
September 0.7818 0.7582 0.7717
October 0.7695 0.7573 0.7651
November 0.7675 0.7424 0.7529
December 0.7570 0.7414 0.7496