BRL/JPY exchange rate in 2008

Average57.81

High69.45Aug 7, 2008

Low36.26Dec 5, 2008

Change vs prior year-end-38.26%

Volatility (annualised)38.8%256 days

Monthly average, high and low

Month	Avg	High	Low	Month-end	vs prior
Jan	60.78	62.99	57.92	60.18	–
Feb	61.92	63.56	59.91	61.98	+2.99%
Mar	59.26	62.22	56.07	57.11	-7.86%
Apr	60.75	62.88	57.39	61.53	+7.73%
May	62.86	64.49	60.43	64.49	+4.81%
Jun	66.02	67.65	64.03	66.28	+2.78%
Jul	67.13	69.22	65.45	69.22	+4.43%
Aug	67.88	69.45	66.56	66.56	-3.84%
Sep	59.73	65.76	54.67	54.67	-17.87%
Oct	46.02	55.74	38.44	46.45	-15.04%
Nov	42.65	46.82	38.95	40.89	-11.97%
Dec	37.99	40.13	36.26	38.89	-4.88%

Feb+2.99%

Mar-7.86%

Apr+7.73%

May+4.81%

Jun+2.78%

Jul+4.43%

Aug-3.84%

Sep-17.87%

Oct-15.04%

Nov-11.97%

Dec-4.88%

Calculated from ECB euro reference rates (each business day, around 14:15 CET). Not trading rates.