2023 BRL to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 18.5857. Conversely, the yearly low was recorded on January 4, dropping to 15.4780.
This high-to-low spread represents a total annual volatility of 3.1078 KGS. From a start-to-finish perspective, comparing the January average rate of 16.5039 to the December average rate of 18.2024, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.5857 was down 11.57% compared to the 2022 peak of 21.0183, 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 2023.
BRL to KGS 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 17.1871, compared to 18.0222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8351 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.5211 KGS (High: 16.9991 / Low: 15.4780). On the other end, November was the most stable month, with a tight range of 0.3402 KGS (High: 18.3665 / Low: 18.0262).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.3346 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 18.2815) against the same month in 2022 (average: 15.0620), the exchange rate shifted by +3.2196 (+21.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.9991 | 15.4780 | 16.5039 |
| February | 17.0693 | 16.3989 | 16.7916 |
| March | 17.2654 | 16.4990 | 16.7772 |
| April | 17.8259 | 17.2338 | 17.4457 |
| May | 17.8658 | 17.3229 | 17.5779 |
| June | 18.3266 | 17.4664 | 18.0263 |
| July | 18.5857 | 17.8021 | 18.2815 |
| August | 18.3127 | 17.6951 | 17.9469 |
| September | 18.2704 | 17.5883 | 17.9045 |
| October | 17.9113 | 17.1659 | 17.6036 |
| November | 18.3665 | 18.0262 | 18.1940 |
| December | 18.4849 | 17.9874 | 18.2024 |