2023 BIF to BRL Historical Review

YEARLY HIGH

0.0026 BRL

YEARLY LOW

0.0017 BRL

YEARLY AVERAGE

0.0020 BRL

2023 BIF to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0026. Conversely, the yearly low was recorded on July 24, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0010 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0017, the exchange rate registered a net change of -31.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0026 was down 7.21% compared to the 2022 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 BRL

2022 Average 13 BRL

Yearly Trough Low 8 BRL

Transaction Impact: A difference of 4.90 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026

0.0016

JanuMarcMayJulySeptNove

BIF 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 0.0023, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 BRL (High: 0.0024 / Low: 0.0018). On the other end, November was the most stable month, with a tight range of 0.0000 BRL (High: 0.0017 / Low: 0.0017).

May Spread (Volatile) ±0.0007

November Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0025) against the same month in 2022 (average: 0.0028), the exchange rate shifted by -0.0003 (-9.09%).

2023 Avg (January) 0.0025

2022 Avg (January) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0026	0.0024	0.0025
February	0.0026	0.0024	0.0025
March	0.0026	0.0024	0.0025
April	0.0024	0.0024	0.0024
May	0.0024	0.0018	0.0021
June	0.0018	0.0017	0.0017
July	0.0017	0.0017	0.0017
August	0.0018	0.0017	0.0017
September	0.0018	0.0017	0.0017
October	0.0018	0.0018	0.0018
November	0.0017	0.0017	0.0017
December	0.0017	0.0017	0.0017