YEARLY HIGH
0.2764 CAD
YEARLY LOW
0.2132 CAD
YEARLY AVERAGE
0.2551 CAD

2024 BRL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2764. Conversely, the yearly low was recorded on December 25, dropping to 0.2132.

This high-to-low spread represents a total annual volatility of 0.0633 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2734 to the December average rate of 0.2330, the exchange rate registered a net change of -14.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2764 was down 2.26% compared to the 2023 peak of 0.2828, 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 6,911 CAD
2023 Average 6,763 CAD
Yearly Trough Low 5,329 CAD
Transaction Impact: A difference of 1,581.81 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2774
0.2290
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 0.2673, compared to 0.2428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.2673
H2 Avg (Jul–Dec) 0.2428

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0245 CAD (High: 0.2376 / Low: 0.2132). On the other end, February was the most stable month, with a tight range of 0.0049 CAD (High: 0.2744 / Low: 0.2696).

December Spread (Volatile) ±0.0245
February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0120 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2734) against the same month in 2023 (average: 0.2587), the exchange rate shifted by +0.0146 (+5.65%).

2024 Avg (January) 0.2734
2023 Avg (January) 0.2587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2764 0.2701 0.2734
February 0.2744 0.2696 0.2718
March 0.2745 0.2691 0.2717
April 0.2710 0.2614 0.2669
May 0.2706 0.2601 0.2661
June 0.2600 0.2445 0.2540
July 0.2520 0.2409 0.2476
August 0.2521 0.2394 0.2461
September 0.2500 0.2394 0.2446
October 0.2489 0.2406 0.2448
November 0.2457 0.2329 0.2409
December 0.2376 0.2132 0.2330