YEARLY HIGH
8963.3424 IRR
YEARLY LOW
7646.6831 IRR
YEARLY AVERAGE
8460.1939 IRR

2023 BRL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 8963.3424. Conversely, the yearly low was recorded on January 3, dropping to 7646.6831.

This high-to-low spread represents a total annual volatility of 1316.6593 IRR. From a start-to-finish perspective, comparing the January average rate of 8086.3918 to the December average rate of 8624.1071, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 8963.3424 was down 2.74% compared to the 2022 peak of 9215.7375, 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 224,083,559 IRR
2022 Average 205,055,094 IRR
Yearly Trough Low 191,167,077 IRR
Transaction Impact: A difference of 32,916,481.80 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8876.0746
8014.6024
JanuMarcMayJulySeptNove

BRL to IRR 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 8327.6316, compared to 8592.7563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 265.1247 points.

H1 Avg (Jan–Jun) 8327.6316
H2 Avg (Jul–Dec) 8592.7563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 682.8671 IRR (High: 8329.5502 / Low: 7646.6831). On the other end, November was the most stable month, with a tight range of 188.8711 IRR (High: 8710.5681 / Low: 8521.6970).

January Spread (Volatile) ±682.8671
November Spread (Stable) ±188.8711

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 197.3560 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -197.3560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 8804.2853) against the same month in 2022 (average: 7906.4430), the exchange rate shifted by +897.8423 (+11.36%).

2023 Avg (July) 8804.2853
2022 Avg (July) 7906.4430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8329.5502 7646.6831 8086.3918
February 8354.4504 7989.6810 8151.7234
March 8349.2979 7857.6956 8091.9313
April 8605.4138 8328.0801 8427.3699
May 8640.9671 8365.8011 8494.8326
June 8868.9701 8435.3704 8713.5406
July 8963.3424 8589.5899 8804.2853
August 8827.0575 8482.1787 8615.0317
September 8704.7411 8374.3085 8543.9403
October 8472.3670 8173.2072 8346.5842
November 8710.5681 8521.6970 8622.5892
December 8777.0763 8510.8847 8624.1071