2024 BRL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 39.0156. Conversely, the yearly low was recorded on December 25, dropping to 26.9847.
This high-to-low spread represents a total annual volatility of 12.0309 LRD. From a start-to-finish perspective, comparing the January average rate of 38.5325 to the December average rate of 29.5055, the exchange rate registered a net change of -23.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 39.0156 was down 1.08% compared to the 2023 peak of 39.4406, 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 2024.
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 37.7953, compared to 33.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2320 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 3.6994 LRD (High: 33.5359 / Low: 29.8365). On the other end, February was the most stable month, with a tight range of 0.5767 LRD (High: 38.6777 / Low: 38.1011).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.4041 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 38.6122) against the same month in 2023 (average: 30.6097), the exchange rate shifted by +8.0024 (+26.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.9473 | 37.9474 | 38.5325 |
| February | 38.6777 | 38.1011 | 38.3659 |
| March | 39.0156 | 38.2834 | 38.6122 |
| April | 38.5399 | 35.5589 | 37.6066 |
| May | 38.2138 | 36.9622 | 37.6809 |
| June | 36.9622 | 34.7475 | 35.9736 |
| July | 35.9872 | 34.2538 | 35.1875 |
| August | 36.1099 | 33.9789 | 35.2105 |
| September | 36.2931 | 34.3963 | 35.3080 |
| October | 35.7156 | 33.1523 | 34.2861 |
| November | 33.5359 | 29.8365 | 31.8820 |
| December | 30.1101 | 26.9847 | 29.5055 |