2023 PEN to IDR Historical Review

YEARLY HIGH

4213.8511 IDR

YEARLY LOW

3830.9478 IDR

YEARLY AVERAGE

4075.7373 IDR

2023 PEN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 4213.8511. Conversely, the yearly low was recorded on January 26, dropping to 3830.9478.

This high-to-low spread represents a total annual volatility of 382.9033 IDR. From a start-to-finish perspective, comparing the January average rate of 3987.6079 to the December average rate of 4144.2264, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4213.8511 was up 1.74% compared to the 2022 peak of 4141.6847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,069,255 IDR

2022 Average 19,372,675 IDR

Yearly Trough Low 19,154,739 IDR

Transaction Impact: A difference of 1,914,516.70 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4208.3717

3928.6616

JanuMarcMayJulySeptNove

PEN 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 4013.0265, compared to 4138.4480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 125.4214 points.

H1 Avg (Jan–Jun) 4013.0265

H2 Avg (Jul–Dec) 4138.4480

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 287.0734 IDR (High: 4118.0211 / Low: 3830.9478). On the other end, July was the most stable month, with a tight range of 71.8094 IDR (High: 4213.8511 / Low: 4142.0417).

January Spread (Volatile) ±287.0734

July Spread (Stable) ±71.8094

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 91.6097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -91.6097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 4185.0625) against the same month in 2022 (average: 3843.0366), the exchange rate shifted by +342.0259 (+8.90%).

2023 Avg (July) 4185.0625

2022 Avg (July) 3843.0366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4118.0211	3830.9478	3987.6079
February	4014.9386	3873.4167	3951.9708
March	4117.2905	3977.8501	4050.0002
April	3997.0107	3902.2256	3958.3906
May	4092.1881	3953.5966	4030.4155
June	4171.1765	4028.7633	4099.7743
July	4213.8511	4142.0417	4185.0625
August	4198.0238	4105.2977	4135.5419
September	4156.2954	4079.3981	4128.9597
October	4163.6730	4061.2309	4105.3523
November	4193.0737	4007.6535	4131.5452
December	4200.5554	4064.3447	4144.2264