2023 BAM to BRL Historical Review

YEARLY HIGH

2.9499 BRL

YEARLY LOW

2.6486 BRL

YEARLY AVERAGE

2.7622 BRL

2023 BAM to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2.9499. Conversely, the yearly low was recorded on September 18, dropping to 2.6486.

This high-to-low spread represents a total annual volatility of 0.3012 BRL. From a start-to-finish perspective, comparing the January average rate of 2.8542 to the December average rate of 2.7330, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9499 was down 10.69% compared to the 2022 peak of 3.3031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,749 BRL

2022 Average 13,910 BRL

Yearly Trough Low 13,243 BRL

Transaction Impact: A difference of 1,506.02 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8707

2.6718

JanuMarcMayJulySeptNove

BAM 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 2.8022, compared to 2.7222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0800 points.

H1 Avg (Jan–Jun) 2.8022

H2 Avg (Jul–Dec) 2.7222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1767 BRL (High: 2.9499 / Low: 2.7731). On the other end, December was the most stable month, with a tight range of 0.0661 BRL (High: 2.7670 / Low: 2.7009).

March Spread (Volatile) ±0.1767

December Spread (Stable) ±0.0661

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 May and June, when the average rate fell by 0.0790 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.8523) against the same month in 2022 (average: 2.8004), the exchange rate shifted by +0.0519 (+1.85%).

2023 Avg (March) 2.8523

2022 Avg (March) 2.8004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9497	2.8009	2.8542
February	2.9143	2.7862	2.8371
March	2.9499	2.7731	2.8523
April	2.8483	2.7474	2.8139
May	2.8297	2.7188	2.7674
June	2.7468	2.6595	2.6884
July	2.7682	2.6627	2.7132
August	2.7867	2.6819	2.7388
September	2.7439	2.6486	2.7045
October	2.7919	2.6864	2.7356
November	2.7561	2.6616	2.7083
December	2.7670	2.7009	2.7330