2019 BRL to TOP Historical Review

YEARLY HIGH

0.6172 TOP

YEARLY LOW

0.5439 TOP

YEARLY AVERAGE

0.5814 TOP

2019 BRL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BRL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6172. Conversely, the yearly low was recorded on November 27, dropping to 0.5439.

This high-to-low spread represents a total annual volatility of 0.0733 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6064 to the December average rate of 0.5598, the exchange rate registered a net change of -7.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6172 was down 13.45% compared to the 2018 peak of 0.7130, 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 15,429 TOP

2018 Average 15,636 TOP

Yearly Trough Low 13,597 TOP

Transaction Impact: A difference of 1,831.77 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6119

0.5526

JanuMarcMayJulySeptNove

BRL to TOP 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 0.5915, compared to 0.5713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 0.5915

H2 Avg (Jul–Dec) 0.5713

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0418 TOP (High: 0.5986 / Low: 0.5568). On the other end, June was the most stable month, with a tight range of 0.0138 TOP (High: 0.5993 / Low: 0.5855).

August Spread (Volatile) ±0.0418

June Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0276 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6064) against the same month in 2018 (average: 0.7005), the exchange rate shifted by -0.0941 (-13.43%).

2019 Avg (January) 0.6064

2018 Avg (January) 0.7005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6172	0.5862	0.6064
February	0.6137	0.5990	0.6070
March	0.5993	0.5650	0.5885
April	0.5927	0.5699	0.5819
May	0.5855	0.5602	0.5731
June	0.5993	0.5855	0.5922
July	0.6112	0.5918	0.6030
August	0.5986	0.5568	0.5754
September	0.5714	0.5524	0.5627
October	0.5820	0.5565	0.5696
November	0.5808	0.5439	0.5576
December	0.5686	0.5478	0.5598