2023 BOB to BRL Historical Review

YEARLY HIGH

0.7929 BRL

YEARLY LOW

0.6811 BRL

YEARLY AVERAGE

0.7231 BRL

2023 BOB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7929. Conversely, the yearly low was recorded on July 31, dropping to 0.6811.

This high-to-low spread represents a total annual volatility of 0.1119 BRL. From a start-to-finish perspective, comparing the January average rate of 0.7508 to the December average rate of 0.7079, the exchange rate registered a net change of -5.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7929 was down 4.07% compared to the 2022 peak of 0.8266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,965 BRL

2022 Average 3,746 BRL

Yearly Trough Low 3,405 BRL

Transaction Impact: A difference of 559.38 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7612

0.6891

JanuMarcMayJulySeptNove

BOB 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 0.7340, compared to 0.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.7340

H2 Avg (Jul–Dec) 0.7121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0604 BRL (High: 0.7929 / Low: 0.7325). On the other end, November was the most stable month, with a tight range of 0.0157 BRL (High: 0.7183 / Low: 0.7026).

January Spread (Volatile) ±0.0604

November Spread (Stable) ±0.0157

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 0.0293 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7508) against the same month in 2022 (average: 0.8017), the exchange rate shifted by -0.0509 (-6.34%).

2023 Avg (January) 0.7508

2022 Avg (January) 0.8017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7929	0.7325	0.7508
February	0.7664	0.7310	0.7495
March	0.7749	0.7333	0.7552
April	0.7367	0.7100	0.7259
May	0.7321	0.7074	0.7205
June	0.7260	0.6895	0.7024
July	0.7119	0.6811	0.6951
August	0.7217	0.6934	0.7103
September	0.7292	0.7028	0.7159
October	0.7497	0.7216	0.7332
November	0.7183	0.7026	0.7101
December	0.7186	0.6956	0.7079