YEARLY HIGH
10.2971 IDR
YEARLY LOW
0.9623 IDR
YEARLY AVERAGE
1.8980 IDR

2023 LBP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 10.2971. Conversely, the yearly low was recorded on May 6, dropping to 0.9623.

This high-to-low spread represents a total annual volatility of 9.3349 IDR. From a start-to-finish perspective, comparing the January average rate of 10.0553 to the December average rate of 1.0287, the exchange rate registered a net change of -89.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.2971 was down 1.86% compared to the 2022 peak of 10.4926, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,486 IDR
2022 Average 48,991 IDR
Yearly Trough Low 4,811 IDR
Transaction Impact: A difference of 46,674.30 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.9625
0.0771
JanuMarcMayJulySeptNove

LBP 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 2.7709, compared to 1.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7457 points.

H1 Avg (Jan–Jun) 2.7709
H2 Avg (Jul–Dec) 1.0252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 9.0186 IDR (High: 10.0058 / Low: 0.9872). On the other end, December was the most stable month, with a tight range of 0.0192 IDR (High: 1.0409 / Low: 1.0217).

February Spread (Volatile) ±9.0186
December Spread (Stable) ±0.0192

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 January and February, when the average rate fell by 7.4580 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.4580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.0553) against the same month in 2022 (average: 9.4813), the exchange rate shifted by +0.5741 (+6.05%).

2023 Avg (January) 10.0553
2022 Avg (January) 9.4813

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2971 9.8262 10.0553
February 10.0058 0.9872 2.5973
March 1.0388 0.9912 1.0148
April 0.9990 0.9687 0.9852
May 0.9978 0.9623 0.9842
June 1.0017 0.9723 0.9884
July 1.0115 0.9845 0.9996
August 1.0209 0.9938 1.0138
September 1.0360 1.0121 1.0214
October 1.0612 1.0265 1.0493
November 1.0585 1.0221 1.0382
December 1.0409 1.0217 1.0287