2023 PYG to IDR Historical Review

YEARLY HIGH

2.1647 IDR

YEARLY LOW

2.0108 IDR

YEARLY AVERAGE

2.0913 IDR

2023 PYG to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 2.1647. Conversely, the yearly low was recorded on January 24, dropping to 2.0108.

This high-to-low spread represents a total annual volatility of 0.1540 IDR. From a start-to-finish perspective, comparing the January average rate of 2.0667 to the December average rate of 2.1042, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1647 was down 2.26% compared to the 2022 peak of 2.2149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,824 IDR

2022 Average 10,637 IDR

Yearly Trough Low 10,054 IDR

Transaction Impact: A difference of 769.80 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1458

2.0539

JanuMarcMayJulySeptNove

PYG 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 2.0788, compared to 2.1039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 2.0788

H2 Avg (Jul–Dec) 2.1039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1287 IDR (High: 2.1395 / Low: 2.0108). On the other end, June was the most stable month, with a tight range of 0.0294 IDR (High: 2.0787 / Low: 2.0493).

January Spread (Volatile) ±0.1287

June Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0507 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.1282) against the same month in 2022 (average: 2.0587), the exchange rate shifted by +0.0695 (+3.38%).

2023 Avg (March) 2.1282

2022 Avg (March) 2.0587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1395	2.0108	2.0667
February	2.0929	2.0280	2.0771
March	2.1647	2.0937	2.1282
April	2.1048	2.0213	2.0775
May	2.0812	2.0296	2.0616
June	2.0787	2.0493	2.0616
July	2.0949	2.0591	2.0735
August	2.1177	2.0789	2.0993
September	2.1348	2.0931	2.1134
October	2.1497	2.1131	2.1381
November	2.1326	2.0640	2.0947
December	2.1276	2.0710	2.1042