2024 BRL to TOP Historical Review

YEARLY HIGH

0.4842 TOP

YEARLY LOW

0.3556 TOP

YEARLY AVERAGE

0.4413 TOP

2024 BRL to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4842. Conversely, the yearly low was recorded on December 25, dropping to 0.3556.

This high-to-low spread represents a total annual volatility of 0.1286 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4799 to the December average rate of 0.3913, the exchange rate registered a net change of -18.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4842 was down 2.91% compared to the 2023 peak of 0.4987, 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 12,105 TOP

2023 Average 11,835 TOP

Yearly Trough Low 8,890 TOP

Transaction Impact: A difference of 3,215.52 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4887

0.3824

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 0.4659, compared to 0.4166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.4659

H2 Avg (Jul–Dec) 0.4166

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0465 TOP (High: 0.4021 / Low: 0.3556). On the other end, March was the most stable month, with a tight range of 0.0090 TOP (High: 0.4796 / Low: 0.4707).

December Spread (Volatile) ±0.0465

March Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

No 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 0.0238 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4799) against the same month in 2023 (average: 0.4492), the exchange rate shifted by +0.0307 (+6.84%).

2024 Avg (January) 0.4799

2023 Avg (January) 0.4492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4842	0.4735	0.4799
February	0.4830	0.4725	0.4769
March	0.4796	0.4707	0.4752
April	0.4733	0.4522	0.4652
May	0.4703	0.4502	0.4610
June	0.4502	0.4226	0.4373
July	0.4349	0.4164	0.4272
August	0.4374	0.4138	0.4257
September	0.4325	0.4142	0.4233
October	0.4301	0.4116	0.4203
November	0.4198	0.3981	0.4119
December	0.4021	0.3556	0.3913