2023 MVR to IDR Historical Review

YEARLY HIGH

1035.0455 IDR

YEARLY LOW

955.0875 IDR

YEARLY AVERAGE

991.5552 IDR

2023 MVR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 1035.0455. Conversely, the yearly low was recorded on April 30, dropping to 955.0875.

This high-to-low spread represents a total annual volatility of 79.9580 IDR. From a start-to-finish perspective, comparing the January average rate of 990.7993 to the December average rate of 1007.1602, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1035.0455 was up 0.92% compared to the 2022 peak of 1025.5844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,175,228 IDR

2022 Average 4,814,703 IDR

Yearly Trough Low 4,775,438 IDR

Transaction Impact: A difference of 399,789.87 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1029.8553

961.8400

JanuMarcMayJulySeptNove

MVR 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 980.5935, compared to 1002.5168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.9233 points.

H1 Avg (Jan–Jun) 980.5935

H2 Avg (Jul–Dec) 1002.5168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 42.1038 IDR (High: 1014.1142 / Low: 972.0104). On the other end, August was the most stable month, with a tight range of 14.6370 IDR (High: 1000.2556 / Low: 985.6186).

January Spread (Volatile) ±42.1038

August Spread (Stable) ±14.6370

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 26.6210 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -26.6210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1024.1873) against the same month in 2022 (average: 999.7784), the exchange rate shifted by +24.4089 (+2.44%).

2023 Avg (October) 1024.1873

2022 Avg (October) 999.7784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1014.1142	972.0104	990.7993
February	994.4723	969.8047	987.7493
March	1010.4189	971.3595	994.9784
April	977.3128	955.0875	968.3574
May	980.1208	956.0129	967.5079
June	984.3555	966.2783	974.1687
July	988.0601	969.8052	979.4265
August	1000.2556	985.6186	993.1152
September	1007.8292	989.2517	997.3009
October	1035.0455	1006.8715	1024.1873
November	1034.3424	996.0550	1013.9108
December	1018.5021	997.7265	1007.1602