YEARLY HIGH
3953.8568 IDR
YEARLY LOW
3386.0313 IDR
YEARLY AVERAGE
3634.0657 IDR

2023 PLN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3953.8568. Conversely, the yearly low was recorded on February 16, dropping to 3386.0313.

This high-to-low spread represents a total annual volatility of 567.8254 IDR. From a start-to-finish perspective, comparing the January average rate of 3516.6624 to the December average rate of 3903.8302, the exchange rate registered a net change of 11.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3953.8568 was up 8.57% compared to the 2022 peak of 3641.8621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 79,077,135 IDR
2022 Average 66,781,131 IDR
Yearly Trough Low 67,720,626 IDR
Transaction Impact: A difference of 11,356,508.96 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3952.0998
3372.8645
JanuMarcMayJulySeptNove

PLN 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 3521.8707, compared to 3746.2607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 224.3900 points.

H1 Avg (Jan–Jun) 3521.8707
H2 Avg (Jul–Dec) 3746.2607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 278.3288 IDR (High: 3805.1038 / Low: 3526.7750). On the other end, March was the most stable month, with a tight range of 93.2082 IDR (High: 3540.6032 / Low: 3447.3950).

October Spread (Volatile) ±278.3288
March Spread (Stable) ±93.2082

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 166.8584 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -166.8584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3903.8302) against the same month in 2022 (average: 3523.9657), the exchange rate shifted by +379.8645 (+10.78%).

2023 Avg (December) 3903.8302
2022 Avg (December) 3523.9657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3662.0951 3454.6755 3516.6624
February 3488.1287 3386.0313 3421.1341
March 3540.6032 3447.3950 3491.1352
April 3593.0974 3464.6373 3514.9152
May 3600.2912 3496.1628 3552.9209
June 3705.4032 3552.3708 3634.4568
July 3794.0489 3668.4185 3747.1508
August 3788.5269 3677.4877 3735.6128
September 3680.1456 3525.0682 3568.7543
October 3805.1038 3526.7750 3692.6664
November 3909.7543 3744.4879 3829.5498
December 3953.8568 3858.2040 3903.8302