2024 BRL to SHP Historical Review

YEARLY HIGH

0.1619 SHP

YEARLY LOW

0.1184 SHP

YEARLY AVERAGE

0.1459 SHP

2024 BRL to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1619. Conversely, the yearly low was recorded on December 25, dropping to 0.1184.

This high-to-low spread represents a total annual volatility of 0.0435 SHP. From a start-to-finish perspective, comparing the January average rate of 0.1603 to the December average rate of 0.1293, the exchange rate registered a net change of -19.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1619 was down 3.05% compared to the 2023 peak of 0.1670, 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 4,047 SHP

2023 Average 4,028 SHP

Yearly Trough Low 2,960 SHP

Transaction Impact: A difference of 1,086.92 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1634

0.1262

JanuMarcMayJulySeptNove

BRL to SHP 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 0.1556, compared to 0.1361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.1556

H2 Avg (Jul–Dec) 0.1361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0134 SHP (High: 0.1318 / Low: 0.1184). On the other end, February was the most stable month, with a tight range of 0.0029 SHP (High: 0.1607 / Low: 0.1579).

December Spread (Volatile) ±0.0134

February Spread (Stable) ±0.0029

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 0.0082 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1603) against the same month in 2023 (average: 0.1575), the exchange rate shifted by +0.0028 (+1.80%).

2024 Avg (January) 0.1603

2023 Avg (January) 0.1575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1619	0.1577	0.1603
February	0.1607	0.1579	0.1595
March	0.1595	0.1562	0.1579
April	0.1577	0.1522	0.1560
May	0.1576	0.1497	0.1541
June	0.1497	0.1413	0.1459
July	0.1443	0.1371	0.1403
August	0.1426	0.1349	0.1391
September	0.1388	0.1348	0.1366
October	0.1397	0.1334	0.1364
November	0.1376	0.1309	0.1351
December	0.1318	0.1184	0.1293