2022 TOP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 6709.6246. Conversely, the yearly low was recorded on May 11, dropping to 6220.0775.
This high-to-low spread represents a total annual volatility of 489.5471 IDR. From a start-to-finish perspective, comparing the January average rate of 6298.4439 to the December average rate of 6635.2482, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 6709.6246 was up 3.37% compared to the 2021 peak of 6491.0948, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TOP to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6318.5895, compared to 6422.3594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 103.7698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 236.8919 IDR (High: 6671.2633 / Low: 6434.3714). On the other end, July was the most stable month, with a tight range of 70.2542 IDR (High: 6402.8026 / Low: 6332.5484).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 64.2553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 6635.2482) against the same month in 2021 (average: 6269.6338), the exchange rate shifted by +365.6144 (+5.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6331.1193 | 6253.3282 | 6298.4439 |
| February | 6379.4476 | 6279.1098 | 6331.7993 |
| March | 6383.7172 | 6256.6436 | 6337.1736 |
| April | 6395.6123 | 6274.8839 | 6343.5144 |
| May | 6342.7209 | 6220.0775 | 6279.2591 |
| June | 6376.6786 | 6253.8969 | 6321.3468 |
| July | 6402.8026 | 6332.5484 | 6367.8160 |
| August | 6403.3246 | 6281.7189 | 6343.3789 |
| September | 6349.0403 | 6232.6450 | 6289.5951 |
| October | 6457.4879 | 6255.8461 | 6338.0720 |
| November | 6671.2633 | 6434.3714 | 6560.0459 |
| December | 6709.6246 | 6537.7239 | 6635.2482 |