2023 BRL to KRW Historical Review

YEARLY HIGH

275.0487 KRW

YEARLY LOW

233.4894 KRW

YEARLY AVERAGE

261.7406 KRW

2023 BRL to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 275.0487. Conversely, the yearly low was recorded on January 3, dropping to 233.4894.

This high-to-low spread represents a total annual volatility of 41.5593 KRW. From a start-to-finish perspective, comparing the January average rate of 239.5491 to the December average rate of 265.7671, the exchange rate registered a net change of 10.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 275.0487 was down 1.19% compared to the 2022 peak of 278.3616, 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 6,876,218 KRW

2022 Average 6,262,783 KRW

Yearly Trough Low 5,837,234 KRW

Transaction Impact: A difference of 1,038,983.35 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

272.7355

236.5322

JanuMarcMayJulySeptNove

BRL to KRW 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 255.7561, compared to 267.7250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.9689 points.

H1 Avg (Jan–Jun) 255.7561

H2 Avg (Jul–Dec) 267.7250

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 15.1964 KRW (High: 258.0274 / Low: 242.8310). On the other end, September was the most stable month, with a tight range of 6.7477 KRW (High: 273.2089 / Low: 266.4612).

March Spread (Volatile) ±15.1964

September Spread (Stable) ±6.7477

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.9591 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.9591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 267.8012) against the same month in 2022 (average: 243.8937), the exchange rate shifted by +23.9075 (+9.80%).

2023 Avg (July) 267.8012

2022 Avg (July) 243.8937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	243.2710	233.4894	239.5491
February	253.5334	239.0573	247.0880
March	258.0274	242.8310	250.4685
April	269.1481	258.0040	263.5396
May	273.1875	261.4738	266.8684
June	274.8133	260.7599	267.0232
July	275.0487	263.0103	267.8012
August	273.8165	263.8383	269.6839
September	273.2089	266.4612	269.7186
October	271.3333	260.6446	266.7595
November	272.1033	262.9791	266.6198
December	268.9306	261.9903	265.7671