2023 WST to IDR Historical Review

YEARLY HIGH

5835.6269 IDR

YEARLY LOW

5382.5319 IDR

YEARLY AVERAGE

5579.3772 IDR

2023 WST to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 5835.6269. Conversely, the yearly low was recorded on April 30, dropping to 5382.5319.

This high-to-low spread represents a total annual volatility of 453.0950 IDR. From a start-to-finish perspective, comparing the January average rate of 5650.6558 to the December average rate of 5529.6151, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5835.6269 was down 0.33% compared to the 2022 peak of 5854.9424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,178,134 IDR

2022 Average 27,754,679 IDR

Yearly Trough Low 26,912,660 IDR

Transaction Impact: A difference of 2,265,474.77 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5759.8920

5418.7344

JanuMarcMayJulySeptNove

WST 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 5554.8876, compared to 5603.8669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.9792 points.

H1 Avg (Jan–Jun) 5554.8876

H2 Avg (Jul–Dec) 5603.8669

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 257.5811 IDR (High: 5749.6358 / Low: 5492.0547). On the other end, June was the most stable month, with a tight range of 84.5462 IDR (High: 5529.4174 / Low: 5444.8712).

March Spread (Volatile) ±257.5811

June Spread (Stable) ±84.5462

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 212.5227 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -212.5227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 5731.4622) against the same month in 2022 (average: 5502.0164), the exchange rate shifted by +229.4458 (+4.17%).

2023 Avg (October) 5731.4622

2022 Avg (October) 5502.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5793.2198	5538.2847	5650.6558
February	5658.8942	5521.8313	5621.9827
March	5749.6358	5492.0547	5669.0109
April	5504.1998	5382.5319	5456.4882
May	5506.5291	5384.2395	5447.1642
June	5529.4174	5444.8712	5484.0240
July	5575.6038	5479.7084	5527.1740
August	5654.1163	5568.9176	5615.7267
September	5729.6303	5603.8558	5655.8117
October	5835.6269	5660.3784	5731.4622
November	5681.4949	5481.9643	5563.4114
December	5590.8490	5485.7143	5529.6151