2023 BRL to SGD Historical Review

YEARLY HIGH

0.2838 SGD

YEARLY LOW

0.2456 SGD

YEARLY AVERAGE

0.2691 SGD

2023 BRL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 0.2838. Conversely, the yearly low was recorded on January 3, dropping to 0.2456.

This high-to-low spread represents a total annual volatility of 0.0383 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2554 to the December average rate of 0.2719, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2838 was down 3.89% compared to the 2022 peak of 0.2953, 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 7,096 SGD

2022 Average 6,687 SGD

Yearly Trough Low 6,139 SGD

Transaction Impact: A difference of 957.41 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2805

0.2531

JanuMarcMayJulySeptNove

BRL to SGD 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 0.2638, compared to 0.2744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.2638

H2 Avg (Jul–Dec) 0.2744

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0152 SGD (High: 0.2838 / Low: 0.2687). On the other end, December was the most stable month, with a tight range of 0.0049 SGD (High: 0.2748 / Low: 0.2699).

June Spread (Volatile) ±0.0152

December Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2775) against the same month in 2022 (average: 0.2743), the exchange rate shifted by +0.0032 (+1.17%).

2023 Avg (June) 0.2775

2022 Avg (June) 0.2743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2592	0.2456	0.2554
February	0.2614	0.2505	0.2574
March	0.2630	0.2506	0.2573
April	0.2712	0.2612	0.2656
May	0.2733	0.2646	0.2693
June	0.2838	0.2687	0.2775
July	0.2826	0.2744	0.2782
August	0.2788	0.2725	0.2753
September	0.2808	0.2714	0.2757
October	0.2747	0.2646	0.2704
November	0.2779	0.2715	0.2751
December	0.2748	0.2699	0.2719