2023 YER to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 YER to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the YER to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 63.6203. Conversely, the yearly low was recorded on April 30, dropping to 58.5985.
This high-to-low spread represents a total annual volatility of 5.0218 IDR. From a start-to-finish perspective, comparing the January average rate of 60.8923 to the December average rate of 61.8753, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 63.6203 was up 0.83% compared to the 2022 peak of 63.0969, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 YER based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
YER 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 60.1681, compared to 61.6043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4362 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.7654 IDR (High: 62.4351 / Low: 59.6697). On the other end, June was the most stable month, with a tight range of 0.9204 IDR (High: 60.1976 / Low: 59.2772).
Growth Streaks & Declines
TrendsBetween 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 1.7083 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 62.9554) against the same month in 2022 (average: 61.6763), the exchange rate shifted by +1.2790 (+2.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.4351 | 59.6697 | 60.8923 |
| February | 60.9752 | 59.4865 | 60.5801 |
| March | 61.9654 | 59.7909 | 61.1153 |
| April | 59.9231 | 58.5985 | 59.4070 |
| May | 59.9485 | 58.6171 | 59.3077 |
| June | 60.1976 | 59.2772 | 59.7062 |
| July | 60.7005 | 59.6684 | 60.1596 |
| August | 61.4003 | 60.4718 | 60.9901 |
| September | 62.2169 | 60.8759 | 61.4175 |
| October | 63.6203 | 61.7232 | 62.9554 |
| November | 63.5565 | 61.3183 | 62.2282 |
| December | 62.5362 | 61.3602 | 61.8753 |