2023 RON to IDR Historical Review

YEARLY HIGH

3441.6257 IDR

YEARLY LOW

3205.3806 IDR

YEARLY AVERAGE

3332.1158 IDR

2023 RON to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 3441.6257. Conversely, the yearly low was recorded on June 5, dropping to 3205.3806.

This high-to-low spread represents a total annual volatility of 236.2450 IDR. From a start-to-finish perspective, comparing the January average rate of 3336.7019 to the December average rate of 3401.8796, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3441.6257 was up 1.26% compared to the 2022 peak of 3398.8250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,208,128 IDR

2022 Average 15,853,044 IDR

Yearly Trough Low 16,026,903 IDR

Transaction Impact: A difference of 1,181,225.23 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3416.1778

3244.5987

JanuMarcMayJulySeptNove

RON 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 3299.2517, compared to 3364.9799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.7281 points.

H1 Avg (Jan–Jun) 3299.2517

H2 Avg (Jul–Dec) 3364.9799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 140.0675 IDR (High: 3414.5493 / Low: 3274.4817). On the other end, September was the most stable month, with a tight range of 39.6518 IDR (High: 3325.8503 / Low: 3286.1985).

October Spread (Volatile) ±140.0675

September Spread (Stable) ±39.6518

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 64.4005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -64.4005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3401.8796) against the same month in 2022 (average: 3350.9894), the exchange rate shifted by +50.8902 (+1.52%).

2023 Avg (December) 3401.8796

2022 Avg (December) 3350.9894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3392.4957	3308.6209	3336.7019
February	3341.7534	3269.3288	3306.1743
March	3372.4504	3280.0092	3324.6244
April	3350.5247	3267.3010	3302.0939
May	3298.5607	3225.8783	3258.8970
June	3314.7816	3205.3806	3267.0189
July	3413.0306	3297.5022	3370.1326
August	3395.7503	3334.3539	3369.7759
September	3325.8503	3286.1985	3305.3753
October	3414.5493	3274.4817	3352.1712
November	3430.1981	3360.3848	3390.5446
December	3441.6257	3361.7669	3401.8796