2024 BRL to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.8726. Conversely, the yearly low was recorded on December 25, dropping to 10.6915.
This high-to-low spread represents a total annual volatility of 3.1812 GMD. From a start-to-finish perspective, comparing the January average rate of 13.7092 to the December average rate of 11.7341, the exchange rate registered a net change of -14.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.8726 was down 0.89% compared to the 2023 peak of 13.9976, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.3261, compared to 12.2825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0437 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.3992 GMD (High: 12.0907 / Low: 10.6915). On the other end, March was the most stable month, with a tight range of 0.2688 GMD (High: 13.7684 / Low: 13.4997).
Growth Streaks & Declines
TrendsNo 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 0.6328 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 13.7092) against the same month in 2023 (average: 11.9598), the exchange rate shifted by +1.7494 (+14.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.8726 | 13.5025 | 13.7092 |
| February | 13.7619 | 13.4671 | 13.6167 |
| March | 13.7684 | 13.4997 | 13.6301 |
| April | 13.5553 | 12.8476 | 13.2466 |
| May | 13.3566 | 12.9196 | 13.1935 |
| June | 12.9196 | 12.1149 | 12.5607 |
| July | 12.5134 | 11.9341 | 12.2451 |
| August | 12.9459 | 11.9956 | 12.5748 |
| September | 12.8440 | 12.3151 | 12.5577 |
| October | 12.8629 | 12.0018 | 12.3256 |
| November | 12.5936 | 11.8032 | 12.2575 |
| December | 12.0907 | 10.6915 | 11.7341 |