2024 GMD to BRL Historical Review

YEARLY HIGH

0.0935 BRL

YEARLY LOW

0.0721 BRL

YEARLY AVERAGE

0.0783 BRL

2024 GMD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0935. Conversely, the yearly low was recorded on January 1, dropping to 0.0721.

This high-to-low spread represents a total annual volatility of 0.0214 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0729 to the December average rate of 0.0853, the exchange rate registered a net change of 16.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0935 was up 5.83% compared to the 2023 peak of 0.0884, 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 468 BRL

2023 Average 402 BRL

Yearly Trough Low 360 BRL

Transaction Impact: A difference of 107.24 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0865

0.0717

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 0.0751, compared to 0.0815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0751

H2 Avg (Jul–Dec) 0.0815

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0108 BRL (High: 0.0935 / Low: 0.0827). On the other end, March was the most stable month, with a tight range of 0.0014 BRL (High: 0.0741 / Low: 0.0726).

December Spread (Volatile) ±0.0108

March Spread (Stable) ±0.0014

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 July and August, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0853) against the same month in 2023 (average: 0.0727), the exchange rate shifted by +0.0125 (+17.26%).

2024 Avg (December) 0.0853

2023 Avg (December) 0.0727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0741	0.0721	0.0729
February	0.0743	0.0727	0.0734
March	0.0741	0.0726	0.0734
April	0.0778	0.0738	0.0755
May	0.0774	0.0749	0.0758
June	0.0825	0.0774	0.0796
July	0.0838	0.0799	0.0817
August	0.0834	0.0772	0.0795
September	0.0812	0.0779	0.0796
October	0.0833	0.0777	0.0812
November	0.0847	0.0794	0.0816
December	0.0935	0.0827	0.0853