YEARLY HIGH
1249.8551 IDR
YEARLY LOW
1051.9150 IDR
YEARLY AVERAGE
1134.7751 IDR

2023 SCR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1249.8551. Conversely, the yearly low was recorded on June 13, dropping to 1051.9150.

This high-to-low spread represents a total annual volatility of 197.9401 IDR. From a start-to-finish perspective, comparing the January average rate of 1126.4891 to the December average rate of 1152.8444, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1249.8551 was up 0.96% compared to the 2022 peak of 1237.9668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,249,276 IDR
2022 Average 5,486,980 IDR
Yearly Trough Low 5,259,575 IDR
Transaction Impact: A difference of 989,700.59 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1192.2100
1081.9418
JanuMarcMayJulySeptNove

SCR 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 1112.6382, compared to 1156.9120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.2738 points.

H1 Avg (Jan–Jun) 1112.6382
H2 Avg (Jul–Dec) 1156.9120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 148.0805 IDR (High: 1204.6479 / Low: 1056.5674). On the other end, August was the most stable month, with a tight range of 32.9141 IDR (High: 1153.9774 / Low: 1121.0633).

January Spread (Volatile) ±148.0805
August Spread (Stable) ±32.9141

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 35.9506 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -35.9506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1183.0209) against the same month in 2022 (average: 1156.2660), the exchange rate shifted by +26.7550 (+2.31%).

2023 Avg (October) 1183.0209
2022 Avg (October) 1156.2660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1204.6479 1056.5674 1126.4891
February 1171.6443 1057.5428 1119.7781
March 1189.2797 1074.5720 1137.0956
April 1158.0333 1054.5308 1101.1450
May 1141.5403 1053.5153 1100.1906
June 1148.2076 1051.9150 1091.1308
July 1162.8378 1055.4120 1127.2461
August 1153.9774 1121.0633 1141.6582
September 1207.2865 1129.3829 1170.3508
October 1249.8551 1118.3603 1183.0209
November 1202.1033 1118.2844 1166.3512
December 1205.9138 1102.0846 1152.8444