2024 HNL to BRL Historical Review

YEARLY HIGH

0.2655 BRL

YEARLY LOW

0.1962 BRL

YEARLY AVERAGE

0.2168 BRL

2024 HNL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.2655. Conversely, the yearly low was recorded on January 1, dropping to 0.1962.

This high-to-low spread represents a total annual volatility of 0.0693 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1988 to the December average rate of 0.2415, the exchange rate registered a net change of 21.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2655 was up 19.58% compared to the 2023 peak of 0.2220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,327 BRL

2023 Average 1,012 BRL

Yearly Trough Low 981 BRL

Transaction Impact: A difference of 346.43 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2458

0.1946

JanuMarcMayJulySeptNove

HNL 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 0.2057, compared to 0.2279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.2057

H2 Avg (Jul–Dec) 0.2279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0303 BRL (High: 0.2655 / Low: 0.2351). On the other end, March was the most stable month, with a tight range of 0.0035 BRL (High: 0.2035 / Low: 0.2001).

December Spread (Volatile) ±0.0303

March Spread (Stable) ±0.0035

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 0.0010 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2415) against the same month in 2023 (average: 0.1982), the exchange rate shifted by +0.0434 (+21.88%).

2024 Avg (December) 0.2415

2023 Avg (December) 0.1982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2020	0.1962	0.1988
February	0.2025	0.1989	0.2008
March	0.2035	0.2001	0.2016
April	0.2138	0.2027	0.2075
May	0.2114	0.2045	0.2077
June	0.2262	0.2118	0.2177
July	0.2291	0.2181	0.2237
August	0.2330	0.2179	0.2241
September	0.2283	0.2176	0.2231
October	0.2307	0.2181	0.2247
November	0.2378	0.2260	0.2304
December	0.2655	0.2351	0.2415