2024 BRL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2136.3786. Conversely, the yearly low was recorded on December 18, dropping to 399.4420.
This high-to-low spread represents a total annual volatility of 1736.9366 SYP. From a start-to-finish perspective, comparing the January average rate of 511.8769 to the December average rate of 1009.4597, the exchange rate registered a net change of 97.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2136.3786 was up 301.74% compared to the 2023 peak of 531.7749, 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 2024.
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 494.5237, compared to 541.4860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.9624 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1736.9366 SYP (High: 2136.3786 / Low: 399.4420). On the other end, February was the most stable month, with a tight range of 8.0921 SYP (High: 511.0508 / Low: 502.9587).
Growth Streaks & Declines
TrendsNo 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 23.4073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 1009.4597) against the same month in 2023 (average: 513.1044), the exchange rate shifted by +496.3553 (+96.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 517.6312 | 503.5332 | 511.8769 |
| February | 511.0508 | 502.9587 | 506.0863 |
| March | 509.1040 | 499.3501 | 504.1266 |
| April | 501.5931 | 475.2279 | 490.2024 |
| May | 495.3337 | 478.9512 | 489.1285 |
| June | 478.9512 | 449.1794 | 465.7212 |
| July | 463.8917 | 442.5805 | 453.5903 |
| August | 464.6723 | 436.8022 | 452.4070 |
| September | 463.1136 | 443.2130 | 453.5972 |
| October | 463.0965 | 433.8831 | 447.0232 |
| November | 442.5415 | 417.6899 | 432.8389 |
| December | 2136.3786 | 399.4420 | 1009.4597 |