YEARLY HIGH
531.7749 SYP
YEARLY LOW
458.5327 SYP
YEARLY AVERAGE
503.4577 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 13,294,372 SYP
2022 Average 12,188,160 SYP
Yearly Trough Low 11,463,318 SYP
Transaction Impact: A difference of 1,831,054.43 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

527.7934
478.0481
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 495.9431
H2 Avg (Jul–Dec) 510.9723

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±37.3973
November Spread (Stable) ±10.6254

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.7086

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 523.6479
2022 Avg (July) 469.1271

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