2023 BBD to BRL Historical Review

YEARLY HIGH

2.7397 BRL

YEARLY LOW

2.3624 BRL

YEARLY AVERAGE

2.4973 BRL

2023 BBD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.7397. Conversely, the yearly low was recorded on July 30, dropping to 2.3624.

This high-to-low spread represents a total annual volatility of 0.3773 BRL. From a start-to-finish perspective, comparing the January average rate of 2.5941 to the December average rate of 2.4485, 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 2.7397 was down 4.03% compared to the 2022 peak of 2.8547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,699 BRL

2022 Average 12,909 BRL

Yearly Trough Low 11,812 BRL

Transaction Impact: A difference of 1,886.75 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6262

2.3787

JanuMarcMayJulySeptNove

BBD 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 2.5352, compared to 2.4594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0758 points.

H1 Avg (Jan–Jun) 2.5352

H2 Avg (Jul–Dec) 2.4594

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2066 BRL (High: 2.7397 / Low: 2.5332). On the other end, November was the most stable month, with a tight range of 0.0508 BRL (High: 2.4775 / Low: 2.4266).

January Spread (Volatile) ±0.2066

November Spread (Stable) ±0.0508

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 0.0981 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5941) against the same month in 2022 (average: 2.7615), the exchange rate shifted by -0.1674 (-6.06%).

2023 Avg (January) 2.5941

2022 Avg (January) 2.7615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7397	2.5332	2.5941
February	2.6456	2.5256	2.5898
March	2.6492	2.5316	2.6056
April	2.5381	2.4548	2.5075
May	2.5282	2.4447	2.4882
June	2.5073	2.3819	2.4262
July	2.4601	2.3624	2.3993
August	2.4942	2.3967	2.4541
September	2.5219	2.4277	2.4729
October	2.5839	2.4934	2.5313
November	2.4775	2.4266	2.4504
December	2.4829	2.4076	2.4485