YEARLY HIGH
0.6630 BRL
YEARLY LOW
0.5644 BRL
YEARLY AVERAGE
0.5987 BRL

2023 SBD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6630. Conversely, the yearly low was recorded on July 24, dropping to 0.5644.

This high-to-low spread represents a total annual volatility of 0.0986 BRL. From a start-to-finish perspective, comparing the January average rate of 0.6278 to the December average rate of 0.5790, the exchange rate registered a net change of -7.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6630 was down 6.16% compared to the 2022 peak of 0.7065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,315 BRL
2022 Average 3,172 BRL
Yearly Trough Low 2,822 BRL
Transaction Impact: A difference of 492.99 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6392
0.5677
JanuMarcMayJulySeptNove

SBD 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 0.6124, compared to 0.5849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.6124
H2 Avg (Jul–Dec) 0.5849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0500 BRL (High: 0.6630 / Low: 0.6130). On the other end, November was the most stable month, with a tight range of 0.0138 BRL (High: 0.5886 / Low: 0.5747).

January Spread (Volatile) ±0.0500
November Spread (Stable) ±0.0138

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 March and April, when the average rate fell by 0.0285 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6278) against the same month in 2022 (average: 0.6839), the exchange rate shifted by -0.0562 (-8.21%).

2023 Avg (January) 0.6278
2022 Avg (January) 0.6839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6630 0.6130 0.6278
February 0.6428 0.6131 0.6291
March 0.6438 0.6151 0.6332
April 0.6151 0.5915 0.6048
May 0.6067 0.5867 0.5977
June 0.6017 0.5723 0.5821
July 0.5855 0.5644 0.5736
August 0.5965 0.5728 0.5865
September 0.6026 0.5777 0.5888
October 0.6136 0.5880 0.6003
November 0.5886 0.5747 0.5809
December 0.5873 0.5705 0.5790