2023 STD to IDR Historical Review

YEARLY HIGH

0.7148 IDR

YEARLY LOW

0.6428 IDR

YEARLY AVERAGE

0.6748 IDR

2023 STD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.7148. Conversely, the yearly low was recorded on April 30, dropping to 0.6428.

This high-to-low spread represents a total annual volatility of 0.0721 IDR. From a start-to-finish perspective, comparing the January average rate of 0.6678 to the December average rate of 0.6949, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7148 was up 3.30% compared to the 2022 peak of 0.6920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,574 IDR

2022 Average 3,350 IDR

Yearly Trough Low 3,214 IDR

Transaction Impact: A difference of 360.32 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7130

0.6448

JanuMarcMayJulySeptNove

STD 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 0.6599, compared to 0.6897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.6599

H2 Avg (Jul–Dec) 0.6897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0301 IDR (High: 0.6847 / Low: 0.6546). On the other end, June was the most stable month, with a tight range of 0.0101 IDR (High: 0.6603 / Low: 0.6502).

January Spread (Volatile) ±0.0301

June Spread (Stable) ±0.0101

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 0.0187 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7073) against the same month in 2022 (average: 0.6740), the exchange rate shifted by +0.0333 (+4.94%).

2023 Avg (October) 0.7073

2022 Avg (October) 0.6740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6847	0.6546	0.6678
February	0.6688	0.6526	0.6645
March	0.6795	0.6558	0.6702
April	0.6573	0.6428	0.6516
May	0.6576	0.6430	0.6505
June	0.6603	0.6502	0.6549
July	0.6782	0.6544	0.6619
August	0.6898	0.6794	0.6851
September	0.6990	0.6837	0.6900
October	0.7148	0.6936	0.7073
November	0.7140	0.6889	0.6991
December	0.7026	0.6894	0.6949