YEARLY HIGH
0.2745 SGD
YEARLY LOW
0.2018 SGD
YEARLY AVERAGE
0.2490 SGD

2024 BRL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2745. Conversely, the yearly low was recorded on December 25, dropping to 0.2018.

This high-to-low spread represents a total annual volatility of 0.0727 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2721 to the December average rate of 0.2208, the exchange rate registered a net change of -18.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2745 was down 3.28% compared to the 2023 peak of 0.2838, 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 6,864 SGD
2023 Average 6,729 SGD
Yearly Trough Low 5,046 SGD
Transaction Impact: A difference of 1,817.92 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2773
0.2156
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 0.2651, compared to 0.2330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.2651
H2 Avg (Jul–Dec) 0.2330

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0237 SGD (High: 0.2256 / Low: 0.2018). On the other end, February was the most stable month, with a tight range of 0.0039 SGD (High: 0.2728 / Low: 0.2688).

December Spread (Volatile) ±0.0237
February Spread (Stable) ±0.0039

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 0.0123 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2721) against the same month in 2023 (average: 0.2554), the exchange rate shifted by +0.0168 (+6.56%).

2024 Avg (January) 0.2721
2023 Avg (January) 0.2554

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2745 0.2690 0.2721
February 0.2728 0.2688 0.2709
March 0.2716 0.2662 0.2691
April 0.2685 0.2581 0.2648
May 0.2670 0.2580 0.2630
June 0.2580 0.2423 0.2507
July 0.2493 0.2362 0.2429
August 0.2419 0.2314 0.2369
September 0.2382 0.2301 0.2339
October 0.2392 0.2279 0.2332
November 0.2348 0.2230 0.2302
December 0.2256 0.2018 0.2208