YEARLY HIGH
20922.9086 IDR
YEARLY LOW
19744.8095 IDR
YEARLY AVERAGE
20339.2267 IDR

2023 XDR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 20922.9086. Conversely, the yearly low was recorded on June 8, dropping to 19744.8095.

This high-to-low spread represents a total annual volatility of 1178.0991 IDR. From a start-to-finish perspective, comparing the January average rate of 20476.5581 to the December average rate of 20648.5018, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20922.9086 was down 5.18% compared to the 2022 peak of 22066.5713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,614,543 IDR
2022 Average 101,789,574 IDR
Yearly Trough Low 98,724,047 IDR
Transaction Impact: A difference of 5,890,495.71 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20771.5794
19874.6614
JanuMarcMayJulySeptNove

XDR 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 20197.3400, compared to 20481.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 283.7734 points.

H1 Avg (Jan–Jun) 20197.3400
H2 Avg (Jul–Dec) 20481.1134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 695.9903 IDR (High: 20918.3931 / Low: 20222.4028). On the other end, September was the most stable month, with a tight range of 264.4473 IDR (High: 20475.6352 / Low: 20211.1880).

October Spread (Volatile) ±695.9903
September Spread (Stable) ±264.4473

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 338.9253 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -338.9253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20648.5018) against the same month in 2022 (average: 20675.4688), the exchange rate shifted by -26.9670 (-0.13%).

2023 Avg (December) 20648.5018
2022 Avg (December) 20675.4688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20843.6701 20152.6736 20476.5581
February 20590.6521 20087.0842 20311.6671
March 20725.5559 20124.6442 20411.4662
April 20240.2098 19825.9066 20072.5409
May 20142.0027 19754.2753 19962.4030
June 20230.8496 19744.8095 19949.4045
July 20457.5940 19969.3413 20236.9081
August 20509.5541 20173.8356 20380.6956
September 20475.6352 20211.1880 20326.5716
October 20918.3931 20222.4028 20696.8362
November 20854.8251 20341.0532 20597.1669
December 20922.9086 20411.5261 20648.5018