2023 BRL to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 4438.1773. Conversely, the yearly low was recorded on January 3, dropping to 3223.8343.
This high-to-low spread represents a total annual volatility of 1214.3430 SLL. From a start-to-finish perspective, comparing the January average rate of 3406.2260 to the December average rate of 4282.3538, the exchange rate registered a net change of 25.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4438.1773 was up 27.38% compared to the 2022 peak of 3484.1997, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BRL to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3486.8580, compared to 4164.8042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 677.9462 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 847.8761 SLL (High: 4438.1773 / Low: 3590.3012). On the other end, November was the most stable month, with a tight range of 88.6797 SLL (High: 4320.6684 / Low: 4231.9887).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 97.7195 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 3771.8193) against the same month in 2022 (average: 2525.5866), the exchange rate shifted by +1246.2327 (+49.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3486.7655 | 3223.8343 | 3406.2260 |
| February | 3497.1888 | 3338.5621 | 3410.8353 |
| March | 3488.8314 | 3333.9624 | 3390.1881 |
| April | 3597.9795 | 3479.9653 | 3522.8456 |
| May | 3612.8446 | 3493.6614 | 3549.9354 |
| June | 3708.1741 | 3522.7144 | 3641.1173 |
| July | 4438.1773 | 3590.3012 | 3771.8193 |
| August | 4374.5697 | 4203.6525 | 4272.8299 |
| September | 4318.7997 | 4157.5629 | 4240.2880 |
| October | 4205.0012 | 4057.7228 | 4142.5685 |
| November | 4320.6684 | 4231.9887 | 4278.9657 |
| December | 4354.9459 | 4222.8689 | 4282.3538 |