YEARLY HIGH
894.5313 IDR
YEARLY LOW
793.1445 IDR
YEARLY AVERAGE
842.5141 IDR

2023 MDL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 894.5313. Conversely, the yearly low was recorded on February 1, dropping to 793.1445.

This high-to-low spread represents a total annual volatility of 101.3869 IDR. From a start-to-finish perspective, comparing the January average rate of 802.5903 to the December average rate of 879.4735, the exchange rate registered a net change of 9.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 894.5313 was up 8.54% compared to the 2022 peak of 824.1512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,472,657 IDR
2022 Average 3,935,416 IDR
Yearly Trough Low 3,965,722 IDR
Transaction Impact: A difference of 506,934.39 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

887.1619
794.9020
JanuMarcMayJulySeptNove

MDL 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 821.3177, compared to 863.7106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.3929 points.

H1 Avg (Jan–Jun) 821.3177
H2 Avg (Jul–Dec) 863.7106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 49.2624 IDR (High: 869.5761 / Low: 820.3137). On the other end, September was the most stable month, with a tight range of 14.4616 IDR (High: 861.5159 / Low: 847.0543).

July Spread (Volatile) ±49.2624
September Spread (Stable) ±14.4616

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 8.1529 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.1529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 879.4735) against the same month in 2022 (average: 805.6929), the exchange rate shifted by +73.7806 (+9.16%).

2023 Avg (December) 879.4735
2022 Avg (December) 805.6929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 816.0598 793.4033 802.5903
February 814.8114 793.1445 807.9248
March 833.9573 807.6936 822.1709
April 835.0708 815.1812 824.4824
May 845.3376 818.5331 835.6411
June 843.4571 821.8736 835.0964
July 869.5761 820.3137 841.7610
August 875.9368 852.9325 863.5662
September 861.5159 847.0543 855.4134
October 882.3715 845.8795 869.2340
November 884.7802 859.5989 872.8152
December 894.5313 868.6942 879.4735