YEARLY HIGH
3.2232 BRL
YEARLY LOW
2.7793 BRL
YEARLY AVERAGE
2.9379 BRL

2023 AZN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 3.2232. Conversely, the yearly low was recorded on July 30, dropping to 2.7793.

This high-to-low spread represents a total annual volatility of 0.4439 BRL. From a start-to-finish perspective, comparing the January average rate of 3.0518 to the December average rate of 2.8806, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.2232 was down 4.03% compared to the 2022 peak of 3.3585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,116 BRL
2022 Average 15,187 BRL
Yearly Trough Low 13,896 BRL
Transaction Impact: A difference of 2,219.71 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0890
2.7982
JanuMarcMayJulySeptNove

AZN to BRL 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 2.9825, compared to 2.8933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0892 points.

H1 Avg (Jan–Jun) 2.9825
H2 Avg (Jul–Dec) 2.8933

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2431 BRL (High: 3.2232 / Low: 2.9802). On the other end, November was the most stable month, with a tight range of 0.0598 BRL (High: 2.9147 / Low: 2.8549).

January Spread (Volatile) ±0.2431
November Spread (Stable) ±0.0598

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1148 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.0518) against the same month in 2022 (average: 3.2490), the exchange rate shifted by -0.1972 (-6.07%).

2023 Avg (January) 3.0518
2022 Avg (January) 3.2490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2232 2.9802 3.0518
February 3.1125 2.9713 3.0468
March 3.1168 2.9784 3.0648
April 2.9860 2.8881 2.9500
May 2.9743 2.8762 2.9273
June 2.9498 2.8022 2.8541
July 2.8942 2.7793 2.8225
August 2.9344 2.8197 2.8871
September 2.9669 2.8561 2.9093
October 3.0399 2.9334 2.9780
November 2.9147 2.8549 2.8822
December 2.9210 2.8324 2.8806