2024 CVE to BRL Historical Review

YEARLY HIGH

0.0636 BRL

YEARLY LOW

0.0481 BRL

YEARLY AVERAGE

0.0528 BRL

2024 CVE to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0636. Conversely, the yearly low was recorded on January 5, dropping to 0.0481.

This high-to-low spread represents a total annual volatility of 0.0155 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0485 to the December average rate of 0.0582, the exchange rate registered a net change of 19.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0636 was up 19.87% compared to the 2023 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 318 BRL

2023 Average 245 BRL

Yearly Trough Low 240 BRL

Transaction Impact: A difference of 77.64 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0591

0.0476

JanuMarcMayJulySeptNove

CVE 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 0.0498, compared to 0.0559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0498

H2 Avg (Jul–Dec) 0.0559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0068 BRL (High: 0.0636 / Low: 0.0568). On the other end, February was the most stable month, with a tight range of 0.0009 BRL (High: 0.0491 / Low: 0.0482).

December Spread (Volatile) ±0.0068

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0582) against the same month in 2023 (average: 0.0484), the exchange rate shifted by +0.0098 (+20.18%).

2024 Avg (December) 0.0582

2023 Avg (December) 0.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0492	0.0481	0.0485
February	0.0491	0.0482	0.0485
March	0.0496	0.0485	0.0491
April	0.0510	0.0492	0.0499
May	0.0514	0.0490	0.0503
June	0.0544	0.0516	0.0526
July	0.0557	0.0531	0.0545
August	0.0568	0.0541	0.0554
September	0.0567	0.0547	0.0557
October	0.0570	0.0543	0.0555
November	0.0579	0.0548	0.0560
December	0.0636	0.0568	0.0582