YEARLY HIGH
3.3518 BRL
YEARLY LOW
2.4013 BRL
YEARLY AVERAGE
2.6758 BRL

2024 BZD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3.3518. Conversely, the yearly low was recorded on January 1, dropping to 2.4013.

This high-to-low spread represents a total annual volatility of 0.9505 BRL. From a start-to-finish perspective, comparing the January average rate of 2.4356 to the December average rate of 3.0428, the exchange rate registered a net change of 24.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3518 was up 23.30% compared to the 2023 peak of 2.7183, 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 16,759 BRL
2023 Average 12,394 BRL
Yearly Trough Low 12,006 BRL
Transaction Impact: A difference of 4,752.61 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1036
2.3749
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 2.5239, compared to 2.8277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3038 points.

H1 Avg (Jan–Jun) 2.5239
H2 Avg (Jul–Dec) 2.8277

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3943 BRL (High: 3.3518 / Low: 2.9575). On the other end, February was the most stable month, with a tight range of 0.0374 BRL (High: 2.4803 / Low: 2.4429).

December Spread (Volatile) ±0.3943
February Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0104 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.0428) against the same month in 2023 (average: 2.4269), the exchange rate shifted by +0.6159 (+25.38%).

2024 Avg (December) 3.0428
2023 Avg (December) 2.4269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4762 2.4013 2.4356
February 2.4803 2.4429 2.4626
March 2.4960 2.4531 2.4741
April 2.6242 2.4851 2.5443
May 2.6036 2.5172 2.5496
June 2.7775 2.6044 2.6772
July 2.8165 2.6863 2.7497
August 2.8676 2.6823 2.7585
September 2.8131 2.6876 2.7481
October 2.8745 2.6939 2.7876
November 2.9847 2.8167 2.8797
December 3.3518 2.9575 3.0428