IBOVESPA Index in USD

(1963-2024)

Bull Cycles

Period Days Variation CAGR
1965-05-31 to 1971-06-08 2,199 2,865.7% 75.5%
1983-08-18 to 1986-04-25 981 1,524.5% 182.1%
1991-01-14 to 1997-07-08 2,367 3,173.1% 71.2%
2002-10-16 to 2008-05-19 2,042 1,965.2% 71.8%
2016-01-21 to 2024-12-20* 3,256 118.7% 9.2%

* Not a confirmed cycle.

Bear Cycles

Period Days Variation CAGR
1971-05-31 to 1983-08-18 4,462 -79.8% -12.3%
1986-04-25 to 1991-01-14 1,725 -90.5% -39.2%
1997-07-08 to 2002-10-16 1,926 -82.9% -28.4%
2008-05-19 to 2016-01-21 2,803 -79.7% -18.7%