YEARLY HIGH
2.8000 WST
YEARLY LOW
2.6976 WST
YEARLY AVERAGE
2.7318 WST

2023 BMD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 2.8000. Conversely, the yearly low was recorded on March 30, dropping to 2.6976.

This high-to-low spread represents a total annual volatility of 0.1024 WST. From a start-to-finish perspective, comparing the January average rate of 2.6976 to the December average rate of 2.8000, the exchange rate registered a net change of 3.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8000 was down 1.58% compared to the 2022 peak of 2.8451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,000 WST
2022 Average 13,376 WST
Yearly Trough Low 13,488 WST
Transaction Impact: A difference of 512.25 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8102
2.6873
JanuMarcMayJulySeptNove

BMD to WST 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 2.7117, compared to 2.7519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 2.7117
H2 Avg (Jul–Dec) 2.7519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0815 WST (High: 2.8000 / Low: 2.7185). On the other end, December was the most stable month, with a tight range of 0.0000 WST (High: 2.8000 / Low: 2.8000).

October Spread (Volatile) ±0.0815
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.7500) against the same month in 2022 (average: 2.8054), the exchange rate shifted by -0.0554 (-1.97%).

2023 Avg (October) 2.7500
2022 Avg (October) 2.8054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6976 2.6976 2.6976
February 2.6976 2.6976 2.6976
March 2.7255 2.6976 2.6985
April 2.7255 2.7255 2.7255
May 2.7255 2.7255 2.7255
June 2.7255 2.7255 2.7255
July 2.7255 2.7185 2.7246
August 2.7185 2.7185 2.7185
September 2.7185 2.7185 2.7185
October 2.8000 2.7185 2.7500
November 2.8000 2.8000 2.8000
December 2.8000 2.8000 2.8000