2023 BRL to BGN Historical Review

YEARLY HIGH

0.3773 BGN

YEARLY LOW

0.3381 BGN

YEARLY AVERAGE

0.3622 BGN

2023 BRL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.3773. Conversely, the yearly low was recorded on January 3, dropping to 0.3381.

This high-to-low spread represents a total annual volatility of 0.0392 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3497 to the December average rate of 0.3658, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3773 was down 3.81% compared to the 2022 peak of 0.3923, 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 9,434 BGN

2022 Average 9,022 BGN

Yearly Trough Low 8,453 BGN

Transaction Impact: A difference of 980.20 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3740

0.3475

JanuMarcMayJulySeptNove

BRL to BGN 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 0.3570, compared to 0.3675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.3570

H2 Avg (Jul–Dec) 0.3675

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0195 BGN (High: 0.3603 / Low: 0.3408). On the other end, December was the most stable month, with a tight range of 0.0081 BGN (High: 0.3703 / Low: 0.3622).

March Spread (Volatile) ±0.0195

December Spread (Stable) ±0.0081

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 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3704) against the same month in 2022 (average: 0.3774), the exchange rate shifted by -0.0069 (-1.84%).

2023 Avg (September) 0.3704

2022 Avg (September) 0.3774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3554	0.3381	0.3497
February	0.3595	0.3439	0.3530
March	0.3603	0.3408	0.3504
April	0.3626	0.3511	0.3554
May	0.3678	0.3524	0.3617
June	0.3760	0.3624	0.3718
July	0.3762	0.3620	0.3686
August	0.3719	0.3599	0.3653
September	0.3773	0.3662	0.3704
October	0.3713	0.3585	0.3657
November	0.3754	0.3634	0.3689
December	0.3703	0.3622	0.3658