2023 XCD to BRL Historical Review

YEARLY HIGH

2.0275 BRL

YEARLY LOW

1.7483 BRL

YEARLY AVERAGE

1.8481 BRL

2023 XCD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.0275. Conversely, the yearly low was recorded on July 30, dropping to 1.7483.

This high-to-low spread represents a total annual volatility of 0.2793 BRL. From a start-to-finish perspective, comparing the January average rate of 1.9197 to the December average rate of 1.8120, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0275 was down 4.03% compared to the 2022 peak of 2.1126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,138 BRL

2022 Average 9,553 BRL

Yearly Trough Low 8,741 BRL

Transaction Impact: A difference of 1,396.27 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9435

1.7604

JanuMarcMayJulySeptNove

XCD 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 1.8762, compared to 1.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 1.8762

H2 Avg (Jul–Dec) 1.8201

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1529 BRL (High: 2.0275 / Low: 1.8746). On the other end, November was the most stable month, with a tight range of 0.0376 BRL (High: 1.8335 / Low: 1.7958).

January Spread (Volatile) ±0.1529

November Spread (Stable) ±0.0376

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 0.0726 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9197) against the same month in 2022 (average: 2.0436), the exchange rate shifted by -0.1239 (-6.06%).

2023 Avg (January) 1.9197

2022 Avg (January) 2.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0275	1.8746	1.9197
February	1.9579	1.8690	1.9165
March	1.9606	1.8735	1.9283
April	1.8783	1.8167	1.8557
May	1.8709	1.8092	1.8414
June	1.8555	1.7627	1.7955
July	1.8206	1.7483	1.7756
August	1.8458	1.7737	1.8161
September	1.8663	1.7966	1.8301
October	1.9122	1.8452	1.8732
November	1.8335	1.7958	1.8134
December	1.8374	1.7817	1.8120