2023 BRL to HKD Historical Review

YEARLY HIGH

1.6529 HKD

YEARLY LOW

1.4260 HKD

YEARLY AVERAGE

1.5688 HKD

2023 BRL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.6529. Conversely, the yearly low was recorded on January 3, dropping to 1.4260.

This high-to-low spread represents a total annual volatility of 0.2269 HKD. From a start-to-finish perspective, comparing the January average rate of 1.5079 to the December average rate of 1.5948, the exchange rate registered a net change of 5.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.6529 was down 3.05% compared to the 2022 peak of 1.7049, 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 41,322 HKD

2022 Average 37,990 HKD

Yearly Trough Low 35,649 HKD

Transaction Impact: A difference of 5,672.60 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6415

1.4940

JanuMarcMayJulySeptNove

BRL to HKD 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 1.5473, compared to 1.5902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 1.5473

H2 Avg (Jul–Dec) 1.5902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1193 HKD (High: 1.5453 / Low: 1.4260). On the other end, November was the most stable month, with a tight range of 0.0269 HKD (High: 1.6056 / Low: 1.5787).

January Spread (Volatile) ±0.1193

November Spread (Stable) ±0.0269

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 0.0375 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.6293) against the same month in 2022 (average: 1.4655), the exchange rate shifted by +0.1637 (+11.17%).

2023 Avg (July) 1.6293

2022 Avg (July) 1.4655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5453	1.4260	1.5079
February	1.5530	1.4836	1.5151
March	1.5504	1.4814	1.5063
April	1.5989	1.5463	1.5654
May	1.6031	1.5488	1.5749
June	1.6433	1.5618	1.6144
July	1.6529	1.5896	1.6293
August	1.6260	1.5696	1.5948
September	1.6102	1.5507	1.5833
October	1.5682	1.5157	1.5459
November	1.6056	1.5787	1.5930
December	1.6215	1.5727	1.5948