YEARLY HIGH
0.8847 IDR
YEARLY LOW
0.7198 IDR
YEARLY AVERAGE
0.8037 IDR

2023 SLL to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8847. Conversely, the yearly low was recorded on July 30, dropping to 0.7198.

This high-to-low spread represents a total annual volatility of 0.1648 IDR. From a start-to-finish perspective, comparing the January average rate of 0.8629 to the December average rate of 0.7384, the exchange rate registered a net change of -14.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8847 was down 30.69% compared to the 2022 peak of 1.2765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,423 IDR
2022 Average 5,508 IDR
Yearly Trough Low 3,599 IDR
Transaction Impact: A difference of 824.10 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8798
0.7142
JanuMarcMayJulySeptNove

SLL 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 0.8526, compared to 0.7549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0978 points.

H1 Avg (Jan–Jun) 0.8526
H2 Avg (Jul–Dec) 0.7549

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1404 IDR (High: 0.8603 / Low: 0.7198). On the other end, August was the most stable month, with a tight range of 0.0110 IDR (High: 0.7330 / Low: 0.7220).

July Spread (Volatile) ±0.1404
August Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8629) against the same month in 2022 (average: 1.2628), the exchange rate shifted by -0.3999 (-31.67%).

2023 Avg (January) 0.8629
2022 Avg (January) 1.2628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8847 0.8457 0.8629
February 0.8641 0.8432 0.8585
March 0.8780 0.8474 0.8660
April 0.8492 0.8305 0.8419
May 0.8496 0.8307 0.8404
June 0.8531 0.8401 0.8461
July 0.8603 0.7198 0.8351
August 0.7330 0.7220 0.7280
September 0.7428 0.7265 0.7332
October 0.7595 0.7370 0.7516
November 0.7586 0.7320 0.7429
December 0.7465 0.7325 0.7384