2020 BRL to TOP Historical Review

YEARLY HIGH

0.5685 TOP

YEARLY LOW

0.3924 TOP

YEARLY AVERAGE

0.4508 TOP

2020 BRL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BRL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5685. Conversely, the yearly low was recorded on May 13, dropping to 0.3924.

This high-to-low spread represents a total annual volatility of 0.1761 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5546 to the December average rate of 0.4439, the exchange rate registered a net change of -19.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5685 was down 7.88% compared to the 2019 peak of 0.6172, 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 14,213 TOP

2019 Average 14,533 TOP

Yearly Trough Low 9,810 TOP

Transaction Impact: A difference of 4,402.94 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5690

0.3967

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 0.4764, compared to 0.4253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 0.4764

H2 Avg (Jul–Dec) 0.4253

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0704 TOP (High: 0.5204 / Low: 0.4500). On the other end, October was the most stable month, with a tight range of 0.0165 TOP (High: 0.4186 / Low: 0.4020).

March Spread (Volatile) ±0.0704

October Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0516 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.5546) against the same month in 2019 (average: 0.6064), the exchange rate shifted by -0.0518 (-8.54%).

2020 Avg (January) 0.5546

2019 Avg (January) 0.6064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5685	0.5409	0.5546
February	0.5470	0.5172	0.5330
March	0.5204	0.4500	0.4814
April	0.4593	0.4112	0.4397
May	0.4340	0.3924	0.4118
June	0.4686	0.4167	0.4377
July	0.4439	0.4223	0.4310
August	0.4353	0.4071	0.4189
September	0.4348	0.4087	0.4233
October	0.4186	0.4020	0.4111
November	0.4326	0.4042	0.4238
December	0.4560	0.4344	0.4439