YEARLY HIGH
6.5388 EGP
YEARLY LOW
4.5220 EGP
YEARLY AVERAGE
6.1444 EGP

2023 BRL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 6.5388. Conversely, the yearly low was recorded on January 3, dropping to 4.5220.

This high-to-low spread represents a total annual volatility of 2.0168 EGP. From a start-to-finish perspective, comparing the January average rate of 5.5241 to the December average rate of 6.3103, the exchange rate registered a net change of 14.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.5388 was up 36.01% compared to the 2022 peak of 4.8075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 163,470 EGP
2022 Average 93,157 EGP
Yearly Trough Low 113,049 EGP
Transaction Impact: A difference of 50,420.79 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.5266
5.4329
JanuMarcMayJulySeptNove

BRL to EGP 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 6.0062, compared to 6.2826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2764 points.

H1 Avg (Jan–Jun) 6.0062
H2 Avg (Jul–Dec) 6.2826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4267 EGP (High: 5.9486 / Low: 4.5220). On the other end, November was the most stable month, with a tight range of 0.1382 EGP (High: 6.3735 / Low: 6.2353).

January Spread (Volatile) ±1.4267
November Spread (Stable) ±0.1382

Growth Streaks & Declines

Trends

Between January and July, 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 September and October, when the average rate fell by 0.1460 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6.4355) against the same month in 2022 (average: 3.5275), the exchange rate shifted by +2.9080 (+82.44%).

2023 Avg (July) 6.4355
2022 Avg (July) 3.5275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.9486 4.5220 5.5241
February 5.9952 5.7637 5.8838
March 6.0670 5.7730 5.9127
April 6.3028 6.0644 6.1509
May 6.3200 6.1103 6.1976
June 6.4867 6.1612 6.3684
July 6.5388 6.2807 6.4355
August 6.4476 6.1953 6.2971
September 6.3641 6.1258 6.2480
October 6.1968 5.9620 6.1021
November 6.3735 6.2353 6.3026
December 6.3976 6.2280 6.3103