2023 BRL to BAM Historical Review

YEARLY HIGH

0.3776 BAM

YEARLY LOW

0.3390 BAM

YEARLY AVERAGE

0.3622 BAM

2023 BRL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.3776. Conversely, the yearly low was recorded on March 23, dropping to 0.3390.

This high-to-low spread represents a total annual volatility of 0.0386 BAM. From a start-to-finish perspective, comparing the January average rate of 0.3504 to the December average rate of 0.3659, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3776 was down 4.39% compared to the 2022 peak of 0.3949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 9,439 BAM

2022 Average 9,020 BAM

Yearly Trough Low 8,475 BAM

Transaction Impact: A difference of 963.78 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3741

0.3483

JanuMarcMayJulySeptNove

BRL to BAM 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 0.3571, compared to 0.3674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.3571

H2 Avg (Jul–Dec) 0.3674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0216 BAM (High: 0.3606 / Low: 0.3390). On the other end, December was the most stable month, with a tight range of 0.0088 BAM (High: 0.3702 / Low: 0.3614).

March Spread (Volatile) ±0.0216

December Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3698) against the same month in 2022 (average: 0.3770), the exchange rate shifted by -0.0072 (-1.90%).

2023 Avg (September) 0.3698

2022 Avg (September) 0.3770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3570	0.3390	0.3504
February	0.3589	0.3431	0.3525
March	0.3606	0.3390	0.3507
April	0.3640	0.3511	0.3554
May	0.3678	0.3534	0.3614
June	0.3760	0.3641	0.3720
July	0.3756	0.3612	0.3686
August	0.3729	0.3589	0.3652
September	0.3776	0.3644	0.3698
October	0.3722	0.3582	0.3656
November	0.3757	0.3628	0.3693
December	0.3702	0.3614	0.3659