2014 BRL to LTL Historical Review

YEARLY HIGH

1.1890 LTL

YEARLY LOW

1.0140 LTL

YEARLY AVERAGE

1.1074 LTL

2014 BRL to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BRL to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 1.1890. Conversely, the yearly low was recorded on December 16, dropping to 1.0140.

This high-to-low spread represents a total annual volatility of 0.1750 LTL. From a start-to-finish perspective, comparing the January average rate of 1.0659 to the December average rate of 1.0605, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1890 was down 12.88% compared to the 2013 peak of 1.3647, 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 29,725 LTL

2013 Average 30,258 LTL

Yearly Trough Low 25,349 LTL

Transaction Impact: A difference of 4,375.26 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1567

1.0518

JanuMarcMayJulySeptNove

BRL to LTL 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 1.0983, compared to 1.1164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 1.0983

H2 Avg (Jul–Dec) 1.1164

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0782 LTL (High: 1.0921 / Low: 1.0140). On the other end, July was the most stable month, with a tight range of 0.0222 LTL (High: 1.1562 / Low: 1.1340).

December Spread (Volatile) ±0.0782

July Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0351 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 1.1479) against the same month in 2013 (average: 1.1385), the exchange rate shifted by +0.0094 (+0.82%).

2014 Avg (September) 1.1479

2013 Avg (September) 1.1385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0871	1.0379	1.0659
February	1.0829	1.0484	1.0613
March	1.1106	1.0533	1.0738
April	1.1367	1.1042	1.1200
May	1.1422	1.1122	1.1320
June	1.1524	1.1139	1.1370
July	1.1562	1.1340	1.1465
August	1.1744	1.1262	1.1441
September	1.1890	1.1123	1.1479
October	1.1381	1.0850	1.1128
November	1.1137	1.0602	1.0869
December	1.0921	1.0140	1.0605