YEARLY HIGH
1822.9986 IDR
YEARLY LOW
1677.0841 IDR
YEARLY AVERAGE
1742.6237 IDR

2023 SVC to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 1822.9986. Conversely, the yearly low was recorded on April 29, dropping to 1677.0841.

This high-to-low spread represents a total annual volatility of 145.9145 IDR. From a start-to-finish perspective, comparing the January average rate of 1741.9992 to the December average rate of 1767.6415, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1822.9986 was up 0.54% compared to the 2022 peak of 1813.1909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,114,993 IDR
2022 Average 8,485,867 IDR
Yearly Trough Low 8,385,420 IDR
Transaction Impact: A difference of 729,572.49 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1812.9702
1687.0089
JanuMarcMayJulySeptNove

SVC 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 1722.2360, compared to 1763.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.7754 points.

H1 Avg (Jan–Jun) 1722.2360
H2 Avg (Jul–Dec) 1763.0115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 78.4975 IDR (High: 1784.9097 / Low: 1706.4122). On the other end, August was the most stable month, with a tight range of 27.4210 IDR (High: 1756.9795 / Low: 1729.5585).

January Spread (Volatile) ±78.4975
August Spread (Stable) ±27.4210

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 49.5201 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -49.5201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1802.4734) against the same month in 2022 (average: 1764.3063), the exchange rate shifted by +38.1671 (+2.16%).

2023 Avg (October) 1802.4734
2022 Avg (October) 1764.3063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1784.9097 1706.4122 1741.9992
February 1745.5896 1702.4870 1733.0300
March 1781.9525 1714.3204 1750.9524
April 1717.3241 1677.0841 1701.4323
May 1715.3163 1677.0905 1697.5057
June 1724.3770 1696.3218 1708.4965
July 1743.2275 1710.6739 1723.1237
August 1756.9795 1729.5585 1744.7896
September 1778.2024 1739.9361 1757.5812
October 1822.9986 1762.5703 1802.4734
November 1818.9912 1755.5000 1782.4593
December 1787.5099 1755.1845 1767.6415