2023 NAD to BRL Historical Review

YEARLY HIGH

0.3223 BRL

YEARLY LOW

0.2451 BRL

YEARLY AVERAGE

0.2705 BRL

2023 NAD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3223. Conversely, the yearly low was recorded on November 13, dropping to 0.2451.

This high-to-low spread represents a total annual volatility of 0.0772 BRL. From a start-to-finish perspective, comparing the January average rate of 0.3038 to the December average rate of 0.2621, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3223 was down 10.99% compared to the 2022 peak of 0.3621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,612 BRL

2022 Average 1,588 BRL

Yearly Trough Low 1,226 BRL

Transaction Impact: A difference of 385.92 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3083

0.2546

JanuMarcMayJulySeptNove

NAD 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 0.2791, compared to 0.2618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.2791

H2 Avg (Jul–Dec) 0.2618

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0279 BRL (High: 0.3223 / Low: 0.2944). On the other end, September was the most stable month, with a tight range of 0.0107 BRL (High: 0.2660 / Low: 0.2553).

January Spread (Volatile) ±0.0279

September Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0151 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3038) against the same month in 2022 (average: 0.3563), the exchange rate shifted by -0.0525 (-14.73%).

2023 Avg (January) 0.3038

2022 Avg (January) 0.3563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3223	0.2944	0.3038
February	0.3019	0.2812	0.2898
March	0.2927	0.2767	0.2851
April	0.2856	0.2672	0.2759
May	0.2734	0.2535	0.2609
June	0.2652	0.2524	0.2591
July	0.2694	0.2548	0.2631
August	0.2632	0.2503	0.2605
September	0.2660	0.2553	0.2607
October	0.2689	0.2469	0.2630
November	0.2689	0.2451	0.2615
December	0.2702	0.2575	0.2621