2023 PLN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |