2023 BRL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 39.4406. Conversely, the yearly low was recorded on January 3, dropping to 28.1960.
This high-to-low spread represents a total annual volatility of 11.2446 LRD. From a start-to-finish perspective, comparing the January average rate of 29.9620 to the December average rate of 38.4401, the exchange rate registered a net change of 28.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 39.4406 was up 18.75% compared to the 2022 peak of 33.2126, 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 LRD 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 32.1456, compared to 37.9366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7910 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 3.9140 LRD (High: 37.6405 / Low: 33.7265). On the other end, November was the most stable month, with a tight range of 0.8960 LRD (High: 38.7365 / Low: 37.8406).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7622 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 38.2917) against the same month in 2022 (average: 28.4792), the exchange rate shifted by +9.8125 (+34.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.9052 | 28.1960 | 29.9620 |
| February | 31.0718 | 29.5127 | 30.2105 |
| March | 32.0542 | 29.0225 | 30.6097 |
| April | 33.1894 | 32.0250 | 32.5305 |
| May | 34.2213 | 32.8138 | 33.5566 |
| June | 37.6405 | 33.7265 | 36.0041 |
| July | 39.4406 | 36.9396 | 38.2917 |
| August | 38.9069 | 37.3266 | 37.9634 |
| September | 38.3594 | 37.0066 | 37.6816 |
| October | 37.4990 | 36.1276 | 36.9194 |
| November | 38.7365 | 37.8406 | 38.3233 |
| December | 39.1165 | 37.8899 | 38.4401 |