YEARLY HIGH
5893.4554 IDR
YEARLY LOW
5428.2602 IDR
YEARLY AVERAGE
5639.4955 IDR

2023 XCD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 5893.4554. Conversely, the yearly low was recorded on April 30, dropping to 5428.2602.

This high-to-low spread represents a total annual volatility of 465.1952 IDR. From a start-to-finish perspective, comparing the January average rate of 5640.2015 to the December average rate of 5729.0050, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5893.4554 was up 0.84% compared to the 2022 peak of 5844.1102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,467,277 IDR
2022 Average 27,475,179 IDR
Yearly Trough Low 27,141,301 IDR
Transaction Impact: A difference of 2,325,975.96 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5865.3604
5459.6307
JanuMarcMayJulySeptNove

XCD 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 5573.1732, compared to 5705.8179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 132.6447 points.

H1 Avg (Jan–Jun) 5573.1732
H2 Avg (Jul–Dec) 5705.8179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 254.4634 IDR (High: 5782.5017 / Low: 5528.0383). On the other end, June was the most stable month, with a tight range of 85.2645 IDR (High: 5576.3936 / Low: 5491.1291).

January Spread (Volatile) ±254.4634
June Spread (Stable) ±85.2645

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 157.5107 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -157.5107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 5831.5496) against the same month in 2022 (average: 5711.2980), the exchange rate shifted by +120.2516 (+2.11%).

2023 Avg (October) 5831.5496
2022 Avg (October) 5711.2980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5782.5017 5528.0383 5640.2015
February 5648.4246 5511.6153 5611.5815
March 5738.9984 5538.7134 5660.3555
April 5550.9617 5428.2602 5502.8448
May 5553.3108 5429.9822 5493.4415
June 5576.3936 5491.1291 5530.6145
July 5622.9723 5526.2622 5572.2715
August 5687.4860 5601.7844 5648.8698
September 5763.4456 5636.9288 5689.1914
October 5893.4554 5718.8496 5831.5496
November 5886.3613 5679.6359 5764.0199
December 5792.4468 5683.5211 5729.0050