YEARLY HIGH
0.0650 KWD
YEARLY LOW
0.0559 KWD
YEARLY AVERAGE
0.0616 KWD

2023 BRL to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0650. Conversely, the yearly low was recorded on January 3, dropping to 0.0559.

This high-to-low spread represents a total annual volatility of 0.0091 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0589 to the December average rate of 0.0629, the exchange rate registered a net change of 6.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0650 was down 1.86% compared to the 2022 peak of 0.0662, 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 1,625 KWD
2022 Average 1,486 KWD
Yearly Trough Low 1,398 KWD
Transaction Impact: A difference of 226.89 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0644
0.0583
JanuMarcMayJulySeptNove

BRL to KWD 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 0.0605, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0605
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0043 KWD (High: 0.0602 / Low: 0.0559). On the other end, November was the most stable month, with a tight range of 0.0011 KWD (High: 0.0635 / Low: 0.0624).

January Spread (Volatile) ±0.0043
November Spread (Stable) ±0.0011

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 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0639) against the same month in 2022 (average: 0.0574), the exchange rate shifted by +0.0065 (+11.37%).

2023 Avg (July) 0.0639
2022 Avg (July) 0.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0602 0.0559 0.0589
February 0.0604 0.0578 0.0591
March 0.0606 0.0573 0.0588
April 0.0624 0.0604 0.0611
May 0.0628 0.0608 0.0617
June 0.0645 0.0613 0.0633
July 0.0650 0.0624 0.0639
August 0.0642 0.0617 0.0627
September 0.0636 0.0613 0.0624
October 0.0620 0.0598 0.0611
November 0.0635 0.0624 0.0629
December 0.0638 0.0621 0.0629