2023 SAR to IDR Historical Review

YEARLY HIGH

4245.8688 IDR

YEARLY LOW

3911.0999 IDR

YEARLY AVERAGE

4062.5644 IDR

2023 SAR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 4245.8688. Conversely, the yearly low was recorded on April 30, dropping to 3911.0999.

This high-to-low spread represents a total annual volatility of 334.7689 IDR. From a start-to-finish perspective, comparing the January average rate of 4057.9992 to the December average rate of 4127.6691, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4245.8688 was up 1.07% compared to the 2022 peak of 4201.1029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,229,344 IDR

2022 Average 19,774,695 IDR

Yearly Trough Low 19,555,499 IDR

Transaction Impact: A difference of 1,673,844.61 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4226.0745

3934.3144

JanuMarcMayJulySeptNove

SAR 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 4013.8586, compared to 4111.2703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 97.4117 points.

H1 Avg (Jan–Jun) 4013.8586

H2 Avg (Jul–Dec) 4111.2703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 178.4393 IDR (High: 4157.8844 / Low: 3979.4451). On the other end, June was the most stable month, with a tight range of 61.4590 IDR (High: 4018.3838 / Low: 3956.9249).

January Spread (Volatile) ±178.4393

June Spread (Stable) ±61.4590

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 109.4649 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -109.4649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 4201.7612) against the same month in 2022 (average: 4106.7586), the exchange rate shifted by +95.0026 (+2.31%).

2023 Avg (October) 4201.7612

2022 Avg (October) 4106.7586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4157.8844	3979.4451	4057.9992
February	4071.4004	3969.4266	4042.5083
March	4131.6888	3989.1720	4074.0783
April	4000.2996	3911.0999	3964.6135
May	4001.7054	3911.5354	3958.6278
June	4018.3838	3956.9249	3985.3244
July	4053.0943	3982.4150	4014.9817
August	4098.4268	4035.0055	4069.8224
September	4152.8226	4061.8742	4099.4454
October	4245.8688	4118.8047	4201.7612
November	4240.5737	4092.4808	4153.9421
December	4173.9318	4094.4081	4127.6691