2023 BRL to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 120.4553. Conversely, the yearly low was recorded on January 3, dropping to 103.7492.
This high-to-low spread represents a total annual volatility of 16.7061 SOS. From a start-to-finish perspective, comparing the January average rate of 109.6580 to the December average rate of 116.7595, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 120.4553 was down 4.79% compared to the 2022 peak of 126.5208, 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 SOS 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 112.2059, compared to 115.9609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7550 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 8.5338 SOS (High: 112.2829 / Low: 103.7492). On the other end, November was the most stable month, with a tight range of 2.5403 SOS (High: 117.6852 / Low: 115.1450).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 2.5526 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 118.5362) against the same month in 2022 (average: 107.5498), the exchange rate shifted by +10.9863 (+10.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 112.2829 | 103.7492 | 109.6580 |
| February | 112.5384 | 107.3893 | 109.7997 |
| March | 112.2786 | 106.1767 | 109.0084 |
| April | 115.7912 | 111.6487 | 113.2897 |
| May | 116.3277 | 112.3895 | 114.2603 |
| June | 119.4114 | 113.5286 | 117.2191 |
| July | 120.4553 | 115.6747 | 118.5362 |
| August | 118.8299 | 114.0972 | 115.9836 |
| September | 117.2451 | 113.2250 | 115.2846 |
| October | 114.6160 | 110.3163 | 112.7808 |
| November | 117.6852 | 115.1450 | 116.4207 |
| December | 118.5853 | 115.0890 | 116.7595 |