2023 SRD to BRL Historical Review

YEARLY HIGH

0.1734 BRL

YEARLY LOW

0.1224 BRL

YEARLY AVERAGE

0.1372 BRL

2023 SRD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1734. Conversely, the yearly low was recorded on July 31, dropping to 0.1224.

This high-to-low spread represents a total annual volatility of 0.0510 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1631 to the December average rate of 0.1311, the exchange rate registered a net change of -19.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1734 was down 35.58% compared to the 2022 peak of 0.2691, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 867 BRL

2022 Average 1,089 BRL

Yearly Trough Low 612 BRL

Transaction Impact: A difference of 255.01 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1668

0.1227

JanuMarcMayJulySeptNove

SRD 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 0.1450, compared to 0.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.1450

H2 Avg (Jul–Dec) 0.1294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0162 BRL (High: 0.1734 / Low: 0.1571). On the other end, November was the most stable month, with a tight range of 0.0028 BRL (High: 0.1304 / Low: 0.1276).

January Spread (Volatile) ±0.0162

November Spread (Stable) ±0.0028

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 0.0143 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1631) against the same month in 2022 (average: 0.2611), the exchange rate shifted by -0.0980 (-37.53%).

2023 Avg (January) 0.1631

2022 Avg (January) 0.2611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1734	0.1571	0.1631
February	0.1641	0.1535	0.1579
March	0.1550	0.1403	0.1507
April	0.1417	0.1335	0.1364
May	0.1357	0.1305	0.1333
June	0.1329	0.1245	0.1287
July	0.1308	0.1224	0.1263
August	0.1306	0.1243	0.1282
September	0.1320	0.1267	0.1291
October	0.1354	0.1306	0.1327
November	0.1304	0.1276	0.1290
December	0.1324	0.1291	0.1311