2023 GMD to BRL Historical Review

YEARLY HIGH

0.0884 BRL

YEARLY LOW

0.0714 BRL

YEARLY AVERAGE

0.0803 BRL

2023 GMD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0884. Conversely, the yearly low was recorded on December 26, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0169 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0727, the exchange rate registered a net change of -13.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0884 was down 18.27% compared to the 2022 peak of 0.1081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 442 BRL

2022 Average 467 BRL

Yearly Trough Low 357 BRL

Transaction Impact: A difference of 84.69 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0861

0.0715

JanuMarcMayJulySeptNove

GMD 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 0.0832, compared to 0.0774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0832

H2 Avg (Jul–Dec) 0.0774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0065 BRL (High: 0.0884 / Low: 0.0819). On the other end, December was the most stable month, with a tight range of 0.0023 BRL (High: 0.0737 / Low: 0.0714).

January Spread (Volatile) ±0.0065

December Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0836) against the same month in 2022 (average: 0.1046), the exchange rate shifted by -0.0209 (-20.03%).

2023 Avg (January) 0.0836

2022 Avg (January) 0.1046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0884	0.0819	0.0836
February	0.0866	0.0821	0.0848
March	0.0866	0.0815	0.0849
April	0.0832	0.0789	0.0811
May	0.0849	0.0820	0.0833
June	0.0842	0.0800	0.0816
July	0.0826	0.0788	0.0805
August	0.0824	0.0794	0.0810
September	0.0824	0.0765	0.0801
October	0.0789	0.0756	0.0772
November	0.0762	0.0721	0.0733
December	0.0737	0.0714	0.0727