YEARLY HIGH
0.2116 BMD
YEARLY LOW
0.1825 BMD
YEARLY AVERAGE
0.2004 BMD

2023 BRL to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.2116. Conversely, the yearly low was recorded on January 3, dropping to 0.1825.

This high-to-low spread represents a total annual volatility of 0.0292 BMD. From a start-to-finish perspective, comparing the January average rate of 0.1928 to the December average rate of 0.2042, 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 0.2116 was down 2.74% compared to the 2022 peak of 0.2176, 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 5,291 BMD
2022 Average 4,851 BMD
Yearly Trough Low 4,562 BMD
Transaction Impact: A difference of 728.77 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2101
0.1903
JanuMarcMayJulySeptNove

BRL to BMD 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 0.1974, compared to 0.2034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1974
H2 Avg (Jul–Dec) 0.2034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0149 BMD (High: 0.1974 / Low: 0.1825). On the other end, November was the most stable month, with a tight range of 0.0042 BMD (High: 0.2060 / Low: 0.2018).

January Spread (Volatile) ±0.0149
November Spread (Stable) ±0.0042

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 0.0047 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2084) against the same month in 2022 (average: 0.1867), the exchange rate shifted by +0.0217 (+11.62%).

2023 Avg (July) 0.2084
2022 Avg (July) 0.1867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1974 0.1825 0.1928
February 0.1980 0.1890 0.1931
March 0.1975 0.1887 0.1919
April 0.2037 0.1970 0.1994
May 0.2045 0.1978 0.2010
June 0.2099 0.1994 0.2061
July 0.2116 0.2032 0.2084
August 0.2086 0.2005 0.2038
September 0.2060 0.1983 0.2022
October 0.2005 0.1935 0.1976
November 0.2060 0.2018 0.2041
December 0.2077 0.2014 0.2042