2024 BRL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 179.0407. Conversely, the yearly low was recorded on December 25, dropping to 152.3015.
This high-to-low spread represents a total annual volatility of 26.7392 ARS. From a start-to-finish perspective, comparing the January average rate of 166.5827 to the December average rate of 166.6396, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 179.0407 was up 7.04% compared to the 2023 peak of 167.2595, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 169.0655, compared to 170.3647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2992 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 18.4623 ARS (High: 170.7638 / Low: 152.3015). On the other end, March was the most stable month, with a tight range of 2.7488 ARS (High: 172.1518 / Low: 169.4031).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 5.5035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 174.2144) against the same month in 2023 (average: 69.1456), the exchange rate shifted by +105.0688 (+151.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 168.1900 | 164.6113 | 166.5827 |
| February | 170.4979 | 166.2923 | 168.0128 |
| March | 172.1518 | 169.4031 | 170.6528 |
| April | 172.6175 | 164.3158 | 169.3014 |
| May | 174.1063 | 167.9812 | 172.3745 |
| June | 170.8664 | 162.4820 | 167.4686 |
| July | 170.0647 | 161.0460 | 166.4379 |
| August | 174.4465 | 161.3589 | 169.3773 |
| September | 177.8622 | 168.7885 | 173.3758 |
| October | 179.0407 | 171.0111 | 174.2144 |
| November | 174.8561 | 167.8195 | 172.1431 |
| December | 170.7638 | 152.3015 | 166.6396 |