YEARLY HIGH
0.5720 XCD
YEARLY LOW
0.4932 XCD
YEARLY AVERAGE
0.5415 XCD

2023 BRL to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.5720. Conversely, the yearly low was recorded on January 3, dropping to 0.4932.

This high-to-low spread represents a total annual volatility of 0.0788 XCD. From a start-to-finish perspective, comparing the January average rate of 0.5211 to the December average rate of 0.5519, 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 0.5720 was down 2.74% compared to the 2022 peak of 0.5881, 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 14,300 XCD
2022 Average 13,111 XCD
Yearly Trough Low 12,330 XCD
Transaction Impact: A difference of 1,969.54 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5677
0.5142
JanuMarcMayJulySeptNove

BRL to XCD 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 0.5335, compared to 0.5496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.5335
H2 Avg (Jul–Dec) 0.5496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0402 XCD (High: 0.5334 / Low: 0.4932). On the other end, November was the most stable month, with a tight range of 0.0114 XCD (High: 0.5568 / Low: 0.5454).

January Spread (Volatile) ±0.0402
November Spread (Stable) ±0.0114

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 0.0126 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5633) against the same month in 2022 (average: 0.5046), the exchange rate shifted by +0.0586 (+11.62%).

2023 Avg (July) 0.5633
2022 Avg (July) 0.5046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5334 0.4932 0.5211
February 0.5350 0.5108 0.5218
March 0.5338 0.5101 0.5187
April 0.5505 0.5324 0.5390
May 0.5527 0.5345 0.5431
June 0.5673 0.5389 0.5571
July 0.5720 0.5493 0.5633
August 0.5638 0.5418 0.5507
September 0.5566 0.5358 0.5465
October 0.5419 0.5230 0.5339
November 0.5568 0.5454 0.5515
December 0.5613 0.5442 0.5519