2023 BRL to GNF Historical Review

YEARLY HIGH

1828.2115 GNF

YEARLY LOW

1584.3775 GNF

YEARLY AVERAGE

1726.9245 GNF

2023 BRL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1828.2115. Conversely, the yearly low was recorded on January 3, dropping to 1584.3775.

This high-to-low spread represents a total annual volatility of 243.8341 GNF. From a start-to-finish perspective, comparing the January average rate of 1671.0767 to the December average rate of 1756.6845, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1828.2115 was down 5.71% compared to the 2022 peak of 1938.8701, 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 45,705,288 GNF

2022 Average 42,727,565 GNF

Yearly Trough Low 39,609,436 GNF

Transaction Impact: A difference of 6,095,851.69 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1807.4597

1643.9791

JanuMarcMayJulySeptNove

BRL to GNF 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 1704.0148, compared to 1749.8341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8193 points.

H1 Avg (Jan–Jun) 1704.0148

H2 Avg (Jul–Dec) 1749.8341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 138.5425 GNF (High: 1722.9199 / Low: 1584.3775). On the other end, November was the most stable month, with a tight range of 44.4361 GNF (High: 1775.1958 / Low: 1730.7597).

January Spread (Volatile) ±138.5425

November Spread (Stable) ±44.4361

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 40.8943 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -40.8943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1793.8363) against the same month in 2022 (average: 1621.3987), the exchange rate shifted by +172.4376 (+10.64%).

2023 Avg (July) 1793.8363

2022 Avg (July) 1621.3987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1722.9199	1584.3775	1671.0767
February	1719.4562	1641.3205	1669.2332
March	1708.3720	1608.3728	1657.6024
April	1762.8368	1692.6268	1715.1033
May	1762.9294	1704.2467	1733.1993
June	1809.5744	1713.4546	1777.8740
July	1828.2115	1752.3229	1793.8363
August	1799.5108	1727.2492	1754.6097
September	1778.4856	1708.5024	1739.9766
October	1727.6763	1657.5110	1699.0822
November	1775.1958	1730.7597	1754.8154
December	1778.1419	1730.9931	1756.6845