2023 BRL to GMD Historical Review

YEARLY HIGH

13.9976 GMD

YEARLY LOW

11.3149 GMD

YEARLY AVERAGE

12.4822 GMD

2023 BRL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 13.9976. Conversely, the yearly low was recorded on January 3, dropping to 11.3149.

This high-to-low spread represents a total annual volatility of 2.6827 GMD. From a start-to-finish perspective, comparing the January average rate of 11.9598 to the December average rate of 13.7546, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.9976 was up 15.47% compared to the 2022 peak of 12.1228, 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 349,941 GMD

2022 Average 268,602 GMD

Yearly Trough Low 282,873 GMD

Transaction Impact: A difference of 67,068.29 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.9519

11.5841

JanuMarcMayJulySeptNove

BRL to GMD 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 12.0242, compared to 12.9402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9160 points.

H1 Avg (Jan–Jun) 12.0242

H2 Avg (Jul–Dec) 12.9402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.9359 GMD (High: 13.0785 / Low: 12.1425). On the other end, May was the most stable month, with a tight range of 0.4183 GMD (High: 12.1996 / Low: 11.7813).

September Spread (Volatile) ±0.9359

May Spread (Stable) ±0.4183

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.3216 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13.7546) against the same month in 2022 (average: 11.8309), the exchange rate shifted by +1.9237 (+16.26%).

2023 Avg (December) 13.7546

2022 Avg (December) 11.8309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2131	11.3149	11.9598
February	12.1869	11.5459	11.7974
March	12.2746	11.5409	11.7814
April	12.6688	12.0201	12.3340
May	12.1996	11.7813	12.0124
June	12.5063	11.8793	12.2602
July	12.6955	12.1133	12.4306
August	12.5952	12.1382	12.3449
September	13.0785	12.1425	12.4976
October	13.2249	12.6746	12.9625
November	13.8617	13.1282	13.6507
December	13.9976	13.5615	13.7546