YEARLY HIGH
27.9086 IDR
YEARLY LOW
25.7679 IDR
YEARLY AVERAGE
26.7696 IDR

2023 SOS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 27.9086. Conversely, the yearly low was recorded on May 6, dropping to 25.7679.

This high-to-low spread represents a total annual volatility of 2.1407 IDR. From a start-to-finish perspective, comparing the January average rate of 26.8030 to the December average rate of 27.0804, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.9086 was down 0.28% compared to the 2022 peak of 27.9871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,543 IDR
2022 Average 129,093 IDR
Yearly Trough Low 128,839 IDR
Transaction Impact: A difference of 10,703.42 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.7557
25.9619
JanuMarcMayJulySeptNove

SOS 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 26.4963, compared to 27.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5466 points.

H1 Avg (Jan–Jun) 26.4963
H2 Avg (Jul–Dec) 27.0429

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.2005 IDR (High: 27.4614 / Low: 26.2610). On the other end, August was the most stable month, with a tight range of 0.4337 IDR (High: 27.0117 / Low: 26.5780).

January Spread (Volatile) ±1.2005
August Spread (Stable) ±0.4337

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 0.7538 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 27.6062) against the same month in 2022 (average: 27.1598), the exchange rate shifted by +0.4464 (+1.64%).

2023 Avg (October) 27.6062
2022 Avg (October) 27.1598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4614 26.2610 26.8030
February 26.9152 26.2034 26.6693
March 27.4267 26.3301 26.9327
April 26.4637 25.8110 26.1788
May 26.3804 25.7679 26.1114
June 26.6313 26.0615 26.2826
July 26.8318 26.2248 26.4781
August 27.0117 26.5780 26.8206
September 27.2750 26.7292 26.9685
October 27.9086 27.0472 27.6062
November 27.8657 26.8583 27.3038
December 27.3868 26.8792 27.0804