2023 BRL to CAD Historical Review

YEARLY HIGH

0.2828 CAD

YEARLY LOW

0.2483 CAD

YEARLY AVERAGE

0.2705 CAD

2023 BRL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.2828. Conversely, the yearly low was recorded on January 4, dropping to 0.2483.

This high-to-low spread represents a total annual volatility of 0.0345 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2587 to the December average rate of 0.2739, the exchange rate registered a net change of 5.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2828 was up 3.81% compared to the 2022 peak of 0.2724, 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 7,070 CAD

2022 Average 6,313 CAD

Yearly Trough Low 6,207 CAD

Transaction Impact: A difference of 863.54 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2818

0.2567

JanuMarcMayJulySeptNove

BRL to CAD 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 0.2661, compared to 0.2748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.2661

H2 Avg (Jul–Dec) 0.2748

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0155 CAD (High: 0.2637 / Low: 0.2483). On the other end, December was the most stable month, with a tight range of 0.0064 CAD (High: 0.2772 / Low: 0.2709).

January Spread (Volatile) ±0.0155

December Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0058 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2797) against the same month in 2022 (average: 0.2545), the exchange rate shifted by +0.0252 (+9.92%).

2023 Avg (November) 0.2797

2022 Avg (November) 0.2545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2637	0.2483	0.2587
February	0.2637	0.2542	0.2598
March	0.2682	0.2589	0.2629
April	0.2753	0.2649	0.2696
May	0.2775	0.2670	0.2719
June	0.2767	0.2681	0.2739
July	0.2805	0.2709	0.2757
August	0.2794	0.2706	0.2748
September	0.2781	0.2677	0.2740
October	0.2774	0.2644	0.2709
November	0.2828	0.2753	0.2797
December	0.2772	0.2709	0.2739