BRL/JPY exchange rate in 2013

Average45.35

High50.79May 15, 2013

Low40.42Aug 27, 2013

Change vs prior year-end+5.72%

Volatility (annualised)18.0%255 days

Monthly average, high and low

Month	Avg	High	Low	Month-end	vs prior
Jan	43.84	45.88	42.47	45.86	+9.13%
Feb	47.20	47.84	46.27	46.80	+2.05%
Mar	47.87	49.40	46.56	47.03	+0.49%
Apr	48.94	50.39	46.23	48.54	+3.22%
May	49.65	50.79	47.16	47.16	-2.84%
Jun	44.90	47.35	43.27	44.77	-5.07%
Jul	44.30	45.13	42.86	42.86	-4.27%
Aug	41.84	43.44	40.42	41.77	-2.54%
Sep	43.65	45.29	41.46	43.34	+3.75%
Oct	44.65	45.41	43.64	44.72	+3.18%
Nov	43.60	44.44	42.62	44.07	-1.45%
Dec	44.09	45.03	43.05	44.43	+0.80%

Jan+9.13%

Feb+2.05%

Mar+0.49%

Apr+3.22%

May-2.84%

Jun-5.07%

Jul-4.27%

Aug-2.54%

Sep+3.75%

Oct+3.18%

Nov-1.45%

Dec+0.80%

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