2023 XDR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |