2023 HTG to BRL Historical Review

YEARLY HIGH

0.0385 BRL

YEARLY LOW

0.0316 BRL

YEARLY AVERAGE

0.0353 BRL

2023 HTG to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0385. Conversely, the yearly low was recorded on April 14, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0070 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0350 to the December average rate of 0.0370, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0385 was down 32.95% compared to the 2022 peak of 0.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193 BRL

2022 Average 222 BRL

Yearly Trough Low 158 BRL

Transaction Impact: A difference of 34.99 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0383

0.0318

JanuMarcMayJulySeptNove

HTG 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 0.0341, compared to 0.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0341

H2 Avg (Jul–Dec) 0.0365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0037 BRL (High: 0.0361 / Low: 0.0325). On the other end, November was the most stable month, with a tight range of 0.0007 BRL (High: 0.0374 / Low: 0.0366).

May Spread (Volatile) ±0.0037

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0378) against the same month in 2022 (average: 0.0423), the exchange rate shifted by -0.0045 (-10.69%).

2023 Avg (October) 0.0378

2022 Avg (October) 0.0423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0339	0.0350
February	0.0351	0.0337	0.0345
March	0.0346	0.0327	0.0339
April	0.0328	0.0316	0.0323
May	0.0361	0.0325	0.0343
June	0.0360	0.0343	0.0348
July	0.0356	0.0343	0.0348
August	0.0367	0.0351	0.0361
September	0.0373	0.0358	0.0366
October	0.0385	0.0371	0.0378
November	0.0374	0.0366	0.0370
December	0.0376	0.0364	0.0370