2023 TJS to IDR Historical Review

YEARLY HIGH

1548.9071 IDR

YEARLY LOW

1343.2168 IDR

YEARLY AVERAGE

1411.6732 IDR

2023 TJS to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 1548.9071. Conversely, the yearly low was recorded on April 29, dropping to 1343.2168.

This high-to-low spread represents a total annual volatility of 205.6903 IDR. From a start-to-finish perspective, comparing the January average rate of 1489.8153 to the December average rate of 1415.3672, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1548.9071 was down 1.65% compared to the 2022 peak of 1574.8805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,744,535 IDR

2022 Average 6,838,368 IDR

Yearly Trough Low 6,716,084 IDR

Transaction Impact: A difference of 1,028,451.54 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1502.8244

1346.7150

JanuMarcMayJulySeptNove

TJS 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 1415.5720, compared to 1407.7744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7976 points.

H1 Avg (Jan–Jun) 1415.5720

H2 Avg (Jul–Dec) 1407.7744

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 177.7819 IDR (High: 1548.9071 / Low: 1371.1251). On the other end, August was the most stable month, with a tight range of 20.5702 IDR (High: 1401.9531 / Low: 1381.3829).

March Spread (Volatile) ±177.7819

August Spread (Stable) ±20.5702

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 88.3536 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -88.3536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1451.8011) against the same month in 2022 (average: 1157.2526), the exchange rate shifted by +294.5485 (+25.45%).

2023 Avg (March) 1451.8011

2022 Avg (March) 1157.2526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1535.2883	1454.5366	1489.8153
February	1524.4620	1411.9699	1460.0860
March	1548.9071	1371.1251	1451.8011
April	1377.0599	1343.2168	1363.4475
May	1373.6327	1343.8612	1359.7242
June	1381.6346	1358.6366	1368.5581
July	1396.0775	1368.2201	1378.2444
August	1401.9531	1381.3829	1391.0141
September	1416.4409	1385.9093	1400.1210
October	1456.3149	1403.9402	1436.9366
November	1452.9670	1407.2419	1424.9630
December	1430.2994	1403.4681	1415.3672