2023 NAD to IDR Historical Review

YEARLY HIGH

925.2516 IDR

YEARLY LOW

756.2880 IDR

YEARLY AVERAGE

824.8476 IDR

2023 NAD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 925.2516. Conversely, the yearly low was recorded on June 1, dropping to 756.2880.

This high-to-low spread represents a total annual volatility of 168.9636 IDR. From a start-to-finish perspective, comparing the January average rate of 892.5877 to the December average rate of 828.7719, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 925.2516 was down 6.23% compared to the 2022 peak of 986.7629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,626,258 IDR

2022 Average 4,564,212 IDR

Yearly Trough Low 3,781,440 IDR

Transaction Impact: A difference of 844,817.98 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

904.0256

766.7710

JanuMarcMayJulySeptNove

NAD 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 828.8309, compared to 820.8642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9667 points.

H1 Avg (Jan–Jun) 828.8309

H2 Avg (Jul–Dec) 820.8642

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 80.0505 IDR (High: 863.4022 / Low: 783.3517). On the other end, March was the most stable month, with a tight range of 20.3317 IDR (High: 846.5482 / Low: 826.2165).

November Spread (Volatile) ±80.0505

March Spread (Stable) ±20.3317

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 44.0105 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -44.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 892.5877) against the same month in 2022 (average: 924.7304), the exchange rate shifted by -32.1427 (-3.48%).

2023 Avg (January) 892.5877

2022 Avg (January) 924.7304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	925.2516	867.5842	892.5877
February	891.8989	826.0606	848.5772
March	846.5482	826.2165	836.9426
April	845.7348	799.9185	818.2891
May	804.9480	760.2098	778.2088
June	825.4037	756.2880	798.3801
July	856.8970	798.3362	825.7726
August	833.0071	774.2776	810.2267
September	821.9703	796.6895	810.3824
October	845.8672	786.1774	818.7894
November	863.4022	783.3517	831.2424
December	852.8835	804.6097	828.7719