YEARLY HIGH
0.3482 NZD
YEARLY LOW
0.2922 NZD
YEARLY AVERAGE
0.3265 NZD

2023 BRL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.3482. Conversely, the yearly low was recorded on January 3, dropping to 0.2922.

This high-to-low spread represents a total annual volatility of 0.0561 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3010 to the December average rate of 0.3279, the exchange rate registered a net change of 8.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3482 was up 0.68% compared to the 2022 peak of 0.3459, 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 8,706 NZD
2022 Average 7,647 NZD
Yearly Trough Low 7,304 NZD
Transaction Impact: A difference of 1,401.47 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3451
0.2970
JanuMarcMayJulySeptNove

BRL to NZD 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 0.3164, compared to 0.3366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 0.3164
H2 Avg (Jul–Dec) 0.3366

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0228 NZD (High: 0.3456 / Low: 0.3228). On the other end, December was the most stable month, with a tight range of 0.0079 NZD (High: 0.3322 / Low: 0.3243).

October Spread (Volatile) ±0.0228
December Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0124 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3411) against the same month in 2022 (average: 0.3222), the exchange rate shifted by +0.0190 (+5.88%).

2023 Avg (September) 0.3411
2022 Avg (September) 0.3222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3077 0.2922 0.3010
February 0.3125 0.2987 0.3075
March 0.3179 0.3020 0.3092
April 0.3284 0.3121 0.3212
May 0.3312 0.3150 0.3238
June 0.3404 0.3288 0.3359
July 0.3436 0.3262 0.3349
August 0.3477 0.3342 0.3403
September 0.3482 0.3314 0.3411
October 0.3456 0.3228 0.3352
November 0.3464 0.3298 0.3403
December 0.3322 0.3243 0.3279