YEARLY HIGH
0.3351 NZD
YEARLY LOW
0.2628 NZD
YEARLY AVERAGE
0.3078 NZD

2024 BRL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.3351. Conversely, the yearly low was recorded on December 25, dropping to 0.2628.

This high-to-low spread represents a total annual volatility of 0.0723 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3300 to the December average rate of 0.2848, the exchange rate registered a net change of -13.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3351 was down 3.78% compared to the 2023 peak of 0.3482, 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 8,377 NZD
2023 Average 8,165 NZD
Yearly Trough Low 6,570 NZD
Transaction Impact: A difference of 1,806.68 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3348
0.2802
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 0.3233, compared to 0.2924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0309 points.

H1 Avg (Jan–Jun) 0.3233
H2 Avg (Jul–Dec) 0.2924

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0279 NZD (High: 0.2907 / Low: 0.2628). On the other end, October was the most stable month, with a tight range of 0.0085 NZD (High: 0.2976 / Low: 0.2891).

December Spread (Volatile) ±0.0279
October Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0186 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.3303) against the same month in 2023 (average: 0.3092), the exchange rate shifted by +0.0211 (+6.82%).

2024 Avg (March) 0.3303
2023 Avg (March) 0.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3344 0.3250 0.3300
February 0.3333 0.3229 0.3287
March 0.3351 0.3250 0.3303
April 0.3324 0.3210 0.3277
May 0.3286 0.3099 0.3207
June 0.3101 0.2932 0.3022
July 0.3036 0.2896 0.2992
August 0.3048 0.2837 0.2959
September 0.2956 0.2853 0.2899
October 0.2976 0.2891 0.2928
November 0.2966 0.2820 0.2916
December 0.2907 0.2628 0.2848