2023 BRL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 531.7749. Conversely, the yearly low was recorded on January 3, dropping to 458.5327.
This high-to-low spread represents a total annual volatility of 73.2422 SYP. From a start-to-finish perspective, comparing the January average rate of 484.4747 to the December average rate of 513.1044, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 531.7749 was down 2.72% compared to the 2022 peak of 546.6336, 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 SYP 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 495.9431, compared to 510.9723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 37.3973 SYP (High: 495.9300 / Low: 458.5327). On the other end, November was the most stable month, with a tight range of 10.6254 SYP (High: 517.6952 / Low: 507.0697).
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 September and October, when the average rate fell by 11.7086 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 523.6479) against the same month in 2022 (average: 469.1271), the exchange rate shifted by +54.5208 (+11.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 495.9300 | 458.5327 | 484.4747 |
| February | 497.4125 | 474.8507 | 485.1303 |
| March | 496.2238 | 474.1965 | 482.1936 |
| April | 511.7482 | 494.9628 | 501.0617 |
| May | 513.8625 | 496.9108 | 504.9148 |
| June | 527.4214 | 501.0431 | 517.8838 |
| July | 531.7749 | 510.6561 | 523.6479 |
| August | 524.1535 | 503.6745 | 511.9633 |
| September | 517.4713 | 498.1522 | 508.0641 |
| October | 503.8361 | 486.1895 | 496.3555 |
| November | 517.6952 | 507.0697 | 512.6984 |
| December | 521.8022 | 505.9770 | 513.1044 |