2023 SBD to IDR Historical Review

YEARLY HIGH

1892.3094 IDR

YEARLY LOW

1760.0641 IDR

YEARLY AVERAGE

1826.2963 IDR

2023 SBD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 1892.3094. Conversely, the yearly low was recorded on April 30, dropping to 1760.0641.

This high-to-low spread represents a total annual volatility of 132.2454 IDR. From a start-to-finish perspective, comparing the January average rate of 1844.3483 to the December average rate of 1830.6829, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1892.3094 was down 1.44% compared to the 2022 peak of 1920.0316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,461,547 IDR

2022 Average 9,123,021 IDR

Yearly Trough Low 8,800,320 IDR

Transaction Impact: A difference of 661,226.88 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1877.3995

1774.4098

JanuMarcMayJulySeptNove

SBD 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 1819.1217, compared to 1833.4709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3491 points.

H1 Avg (Jan–Jun) 1819.1217

H2 Avg (Jul–Dec) 1833.4709

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 79.4828 IDR (High: 1890.8643 / Low: 1811.3815). On the other end, August was the most stable month, with a tight range of 27.5149 IDR (High: 1836.5110 / Low: 1808.9960).

January Spread (Volatile) ±79.4828

August Spread (Stable) ±27.5149

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 65.4143 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -65.4143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1868.8170) against the same month in 2022 (average: 1889.7257), the exchange rate shifted by -20.9087 (-1.11%).

2023 Avg (October) 1868.8170

2022 Avg (October) 1889.7257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1890.8643	1811.3815	1844.3483
February	1853.6277	1806.7863	1841.9218
March	1890.8659	1818.2919	1858.8819
April	1821.4779	1760.0641	1793.4676
May	1800.8469	1763.6568	1782.9922
June	1809.0152	1778.4435	1793.1185
July	1816.2280	1780.1268	1800.1735
August	1836.5110	1808.9960	1824.2211
September	1861.0386	1817.1939	1830.4602
October	1892.3094	1841.8695	1868.8170
November	1889.5911	1811.1109	1846.4704
December	1853.6971	1809.2776	1830.6829