2023 QAR to IDR Historical Review

YEARLY HIGH

4372.6458 IDR

YEARLY LOW

4023.6783 IDR

YEARLY AVERAGE

4183.2837 IDR

2023 QAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 4372.6458. Conversely, the yearly low was recorded on April 28, dropping to 4023.6783.

This high-to-low spread represents a total annual volatility of 348.9675 IDR. From a start-to-finish perspective, comparing the January average rate of 4183.0724 to the December average rate of 4248.1515, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4372.6458 was up 0.82% compared to the 2022 peak of 4337.2237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,863,229 IDR

2022 Average 20,378,218 IDR

Yearly Trough Low 20,118,391 IDR

Transaction Impact: A difference of 1,744,837.41 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4350.9712

4052.5055

JanuMarcMayJulySeptNove

QAR 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 4132.8278, compared to 4233.7396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 100.9119 points.

H1 Avg (Jan–Jun) 4132.8278

H2 Avg (Jul–Dec) 4233.7396

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 200.9826 IDR (High: 4292.0901 / Low: 4091.1075). On the other end, August was the most stable month, with a tight range of 64.2005 IDR (High: 4221.2744 / Low: 4157.0738).

January Spread (Volatile) ±200.9826

August Spread (Stable) ±64.2005

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 115.2473 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -115.2473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 4326.0991) against the same month in 2022 (average: 4237.1327), the exchange rate shifted by +88.9663 (+2.10%).

2023 Avg (October) 4326.0991

2022 Avg (October) 4237.1327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4292.0901	4091.1075	4183.0724
February	4192.5707	4086.1145	4158.4422
March	4261.3097	4111.1371	4194.8340
April	4113.0085	4023.6783	4079.5867
May	4121.9720	4028.9381	4077.3776
June	4139.1053	4071.1414	4103.6537
July	4172.8649	4102.4585	4136.7199
August	4221.2744	4157.0738	4189.3304
September	4277.9456	4175.9179	4221.7927
October	4372.6458	4241.7288	4326.0991
November	4363.8194	4215.7374	4280.3442
December	4299.4719	4212.9765	4248.1515