YEARLY HIGH
0.4233 BBD
YEARLY LOW
0.3650 BBD
YEARLY AVERAGE
0.4008 BBD

2023 BRL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.4233. Conversely, the yearly low was recorded on January 3, dropping to 0.3650.

This high-to-low spread represents a total annual volatility of 0.0583 BBD. From a start-to-finish perspective, comparing the January average rate of 0.3856 to the December average rate of 0.4084, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4233 was down 2.74% compared to the 2022 peak of 0.4352, 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 10,582 BBD
2022 Average 9,702 BBD
Yearly Trough Low 9,125 BBD
Transaction Impact: A difference of 1,457.54 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4201
0.3805
JanuMarcMayJulySeptNove

BRL to BBD 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 0.3948, compared to 0.4067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.3948
H2 Avg (Jul–Dec) 0.4067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0298 BBD (High: 0.3948 / Low: 0.3650). On the other end, November was the most stable month, with a tight range of 0.0085 BBD (High: 0.4121 / Low: 0.4036).

January Spread (Volatile) ±0.0298
November Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4168) against the same month in 2022 (average: 0.3734), the exchange rate shifted by +0.0434 (+11.62%).

2023 Avg (July) 0.4168
2022 Avg (July) 0.3734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3948 0.3650 0.3856
February 0.3959 0.3780 0.3862
March 0.3950 0.3775 0.3838
April 0.4074 0.3940 0.3989
May 0.4090 0.3955 0.4019
June 0.4198 0.3988 0.4122
July 0.4233 0.4065 0.4168
August 0.4172 0.4009 0.4075
September 0.4119 0.3965 0.4044
October 0.4011 0.3870 0.3951
November 0.4121 0.4036 0.4081
December 0.4154 0.4028 0.4084