YEARLY HIGH
2.2979 SEK
YEARLY LOW
1.9299 SEK
YEARLY AVERAGE
2.1267 SEK

2023 BRL to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 2.2979. Conversely, the yearly low was recorded on January 3, dropping to 1.9299.

This high-to-low spread represents a total annual volatility of 0.3681 SEK. From a start-to-finish perspective, comparing the January average rate of 2.0033 to the December average rate of 2.0916, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2979 was up 5.05% compared to the 2022 peak of 2.1875, 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 57,448 SEK
2022 Average 49,064 SEK
Yearly Trough Low 48,246 SEK
Transaction Impact: A difference of 9,202.14 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2671
1.9793
JanuMarcMayJulySeptNove

BRL to SEK 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 2.0712, compared to 2.1822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1110 points.

H1 Avg (Jan–Jun) 2.0712
H2 Avg (Jul–Dec) 2.1822

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1409 SEK (High: 2.2524 / Low: 2.1114). On the other end, April was the most stable month, with a tight range of 0.0792 SEK (High: 2.1050 / Low: 2.0259).

November Spread (Volatile) ±0.1409
April Spread (Stable) ±0.0792

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0872 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.2431) against the same month in 2022 (average: 2.0791), the exchange rate shifted by +0.1640 (+7.89%).

2023 Avg (September) 2.2431
2022 Avg (September) 2.0791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0577 1.9299 2.0033
February 2.0623 1.9550 2.0190
March 2.0844 1.9502 2.0169
April 2.1050 2.0259 2.0635
May 2.1651 2.0305 2.1062
June 2.2535 2.1555 2.2181
July 2.2588 2.1220 2.1940
August 2.2679 2.1615 2.2075
September 2.2979 2.1697 2.2431
October 2.2393 2.1281 2.1781
November 2.2524 2.1114 2.1788
December 2.1374 2.0433 2.0916