YEARLY HIGH
0.0355 BRL
YEARLY LOW
0.0254 BRL
YEARLY AVERAGE
0.0288 BRL

2023 LRD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0355. Conversely, the yearly low was recorded on July 31, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0101 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0260, the exchange rate registered a net change of -22.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0355 was down 9.24% compared to the 2022 peak of 0.0391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177 BRL
2022 Average 169 BRL
Yearly Trough Low 127 BRL
Transaction Impact: A difference of 50.56 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0341
0.0253
JanuMarcMayJulySeptNove

LRD 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 0.0313, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0313
H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0033 BRL (High: 0.0345 / Low: 0.0312). On the other end, November was the most stable month, with a tight range of 0.0006 BRL (High: 0.0264 / Low: 0.0258).

March Spread (Volatile) ±0.0033
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0334) against the same month in 2022 (average: 0.0370), the exchange rate shifted by -0.0036 (-9.71%).

2023 Avg (January) 0.0334
2022 Avg (January) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0355 0.0324 0.0334
February 0.0339 0.0322 0.0331
March 0.0345 0.0312 0.0327
April 0.0312 0.0301 0.0307
May 0.0305 0.0292 0.0298
June 0.0297 0.0266 0.0278
July 0.0271 0.0254 0.0261
August 0.0268 0.0257 0.0263
September 0.0270 0.0261 0.0265
October 0.0277 0.0267 0.0271
November 0.0264 0.0258 0.0261
December 0.0264 0.0256 0.0260