YEARLY HIGH
0.0025 BRL
YEARLY LOW
0.0005 BRL
YEARLY AVERAGE
0.0021 BRL

2024 SYP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 21, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0020 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0017, the exchange rate registered a net change of -11.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0025 was up 14.79% compared to the 2023 peak of 0.0022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 BRL
2023 Average 10 BRL
Yearly Trough Low 2 BRL
Transaction Impact: A difference of 10.18 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0024
0.0017
JanuMarcMayJulySeptNove

SYP 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 0.0020, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0020 BRL (High: 0.0025 / Low: 0.0005). On the other end, February was the most stable month, with a tight range of 0.0000 BRL (High: 0.0020 / Low: 0.0020).

December Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0017) against the same month in 2023 (average: 0.0019), the exchange rate shifted by -0.0002 (-11.33%).

2024 Avg (December) 0.0017
2023 Avg (December) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0020 0.0020 0.0020
March 0.0020 0.0020 0.0020
April 0.0021 0.0020 0.0020
May 0.0021 0.0020 0.0020
June 0.0022 0.0021 0.0021
July 0.0023 0.0022 0.0022
August 0.0023 0.0022 0.0022
September 0.0023 0.0022 0.0022
October 0.0023 0.0022 0.0022
November 0.0024 0.0023 0.0023
December 0.0025 0.0005 0.0017