2023 BRL to BIF Historical Review

YEARLY HIGH

599.5149 BIF

YEARLY LOW

377.5212 BIF

YEARLY AVERAGE

511.5850 BIF

2023 BRL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 599.5149. Conversely, the yearly low was recorded on January 3, dropping to 377.5212.

This high-to-low spread represents a total annual volatility of 221.9937 BIF. From a start-to-finish perspective, comparing the January average rate of 398.9341 to the December average rate of 582.1754, the exchange rate registered a net change of 45.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 599.5149 was up 34.24% compared to the 2022 peak of 446.6108, 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 14,987,872 BIF

2022 Average 9,906,827 BIF

Yearly Trough Low 9,438,029 BIF

Transaction Impact: A difference of 5,549,842.46 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

608.8318

379.3430

JanuMarcMayJulySeptNove

BRL to BIF 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 446.0068, compared to 577.1633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 131.1566 points.

H1 Avg (Jan–Jun) 446.0068

H2 Avg (Jul–Dec) 577.1633

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 155.2732 BIF (High: 568.3593 / Low: 413.0862). On the other end, November was the most stable month, with a tight range of 13.3432 BIF (High: 585.5975 / Low: 572.2543).

May Spread (Volatile) ±155.2732

November Spread (Stable) ±13.3432

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 12.7372 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -12.7372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 589.7078) against the same month in 2022 (average: 383.8636), the exchange rate shifted by +205.8441 (+53.62%).

2023 Avg (July) 589.7078

2022 Avg (July) 383.8636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	408.8272	377.5212	398.9341
February	410.4027	392.1129	400.3053
March	411.7868	388.4072	398.4671
April	422.8216	409.3569	414.6665
May	568.3593	413.0862	480.4900
June	593.7675	562.5445	583.1776
July	599.5149	575.7790	589.7078
August	591.0129	568.3404	577.4847
September	584.5656	563.3986	573.4561
October	570.0768	546.8120	560.7189
November	585.5975	572.2543	579.4372
December	593.1341	573.1139	582.1754