YEARLY HIGH
2.5654 BRL
YEARLY LOW
2.1884 BRL
YEARLY AVERAGE
2.3818 BRL

2021 TOP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.5654. Conversely, the yearly low was recorded on June 24, dropping to 2.1884.

This high-to-low spread represents a total annual volatility of 0.3770 BRL. From a start-to-finish perspective, comparing the January average rate of 2.3489 to the December average rate of 2.4752, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5654 was up 0.67% compared to the 2020 peak of 2.5484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,827 BRL
2020 Average 11,203 BRL
Yearly Trough Low 10,942 BRL
Transaction Impact: A difference of 1,885.10 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4976
2.2292
JanuMarcMayJulySeptNove

TOP 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: JanтАУJun) was 2.3731, compared to 2.3905 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0174 points.

H1 Avg (JanтАУJun) 2.3731
H2 Avg (JulтАУDec) 2.3905

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.1698 BRL (High: 2.5332 / Low: 2.3634). On the other end, May was the most stable month, with a tight range of 0.0890 BRL (High: 2.4068 / Low: 2.3179).

October Spread (Volatile) ┬▒0.1698
May Spread (Stable) ┬▒0.0890

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.1022 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.4732) against the same month in 2020 (average: 2.0802), the exchange rate shifted by +0.3930 (+18.89%).

2021 Avg (March) 2.4732
2020 Avg (March) 2.0802

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 2.4212 2.2788 2.3489
February 2.4654 2.3237 2.3601
March 2.5654 2.4222 2.4732
April 2.5078 2.3607 2.4513
May 2.4068 2.3179 2.3538
June 2.3172 2.1884 2.2516
July 2.3354 2.2412 2.2874
August 2.3819 2.2794 2.3211
September 2.4036 2.3002 2.3418
October 2.5332 2.3634 2.4567
November 2.5409 2.3980 2.4611
December 2.5098 2.4170 2.4752