YEARLY HIGH
0.1931 EUR
YEARLY LOW
0.1731 EUR
YEARLY AVERAGE
0.1851 EUR

2023 BRL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.1931. Conversely, the yearly low was recorded on January 3, dropping to 0.1731.

This high-to-low spread represents a total annual volatility of 0.0200 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1787 to the December average rate of 0.1870, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1931 was down 3.68% compared to the 2022 peak of 0.2005, 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 4,827 EUR
2022 Average 4,612 EUR
Yearly Trough Low 4,326 EUR
Transaction Impact: A difference of 500.82 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1912
0.1776
JanuMarcMayJulySeptNove

BRL to EUR 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 0.1824, compared to 0.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1824
H2 Avg (Jul–Dec) 0.1879

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0100 EUR (High: 0.1842 / Low: 0.1742). On the other end, December was the most stable month, with a tight range of 0.0044 EUR (High: 0.1894 / Low: 0.1850).

March Spread (Volatile) ±0.0100
December Spread (Stable) ±0.0044

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 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1894) against the same month in 2022 (average: 0.1930), the exchange rate shifted by -0.0036 (-1.86%).

2023 Avg (September) 0.1894
2022 Avg (September) 0.1930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1817 0.1731 0.1787
February 0.1836 0.1760 0.1804
March 0.1842 0.1742 0.1791
April 0.1854 0.1785 0.1815
May 0.1881 0.1801 0.1847
June 0.1922 0.1853 0.1901
July 0.1924 0.1851 0.1885
August 0.1901 0.1840 0.1868
September 0.1931 0.1872 0.1894
October 0.1898 0.1833 0.1870
November 0.1918 0.1858 0.1886
December 0.1894 0.1850 0.1870