2023 BZD to BRL Historical Review

YEARLY HIGH

2.7183 BRL

YEARLY LOW

2.3432 BRL

YEARLY AVERAGE

2.4792 BRL

2023 BZD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.7183. Conversely, the yearly low was recorded on July 31, dropping to 2.3432.

This high-to-low spread represents a total annual volatility of 0.3751 BRL. From a start-to-finish perspective, comparing the January average rate of 2.5738 to the December average rate of 2.4269, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7183 was down 4.00% compared to the 2022 peak of 2.8316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 13,592 BRL

2022 Average 12,810 BRL

Yearly Trough Low 11,716 BRL

Transaction Impact: A difference of 1,875.61 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6127

2.3627

JanuMarcMayJulySeptNove

BZD to BRL 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 2.5172, compared to 2.4412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0760 points.

H1 Avg (Jan–Jun) 2.5172

H2 Avg (Jul–Dec) 2.4412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2071 BRL (High: 2.7183 / Low: 2.5112). On the other end, November was the most stable month, with a tight range of 0.0535 BRL (High: 2.4621 / Low: 2.4086).

January Spread (Volatile) ±0.2071

November Spread (Stable) ±0.0535

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5738) against the same month in 2022 (average: 2.7405), the exchange rate shifted by -0.1667 (-6.08%).

2023 Avg (January) 2.5738

2022 Avg (January) 2.7405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7183	2.5112	2.5738
February	2.6273	2.5061	2.5693
March	2.6563	2.5138	2.5918
April	2.5258	2.4339	2.4905
May	2.5096	2.4251	2.4701
June	2.4887	2.3636	2.4077
July	2.4405	2.3432	2.3835
August	2.4742	2.3771	2.4350
September	2.4996	2.4092	2.4542
October	2.5703	2.4736	2.5134
November	2.4621	2.4086	2.4342
December	2.4634	2.3845	2.4269