2023 BND to WST Historical Review

YEARLY HIGH

2.1221 WST

YEARLY LOW

1.9764 WST

YEARLY AVERAGE

2.0351 WST

2023 BND to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.1221. Conversely, the yearly low was recorded on October 3, dropping to 1.9764.

This high-to-low spread represents a total annual volatility of 0.1456 WST. From a start-to-finish perspective, comparing the January average rate of 2.0330 to the December average rate of 2.1017, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1221 was up 3.14% compared to the 2022 peak of 2.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,610 WST

2022 Average 9,702 WST

Yearly Trough Low 9,882 WST

Transaction Impact: A difference of 728.17 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1123

1.9849

JanuMarcMayJulySeptNove

BND 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 2.0305, compared to 2.0396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 2.0305

H2 Avg (Jul–Dec) 2.0396

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0744 WST (High: 2.0508 / Low: 1.9764). On the other end, April was the most stable month, with a tight range of 0.0275 WST (High: 2.0657 / Low: 2.0382).

October Spread (Volatile) ±0.0744

April Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0288 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.1017) against the same month in 2022 (average: 1.9977), the exchange rate shifted by +0.1040 (+5.21%).

2023 Avg (December) 2.1017

2022 Avg (December) 1.9977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0557	1.9994	2.0330
February	2.0652	1.9996	2.0255
March	2.0530	1.9921	2.0142
April	2.0657	2.0382	2.0490
May	2.0578	2.0119	2.0358
June	2.0409	2.0070	2.0253
July	2.0691	2.0070	2.0418
August	2.0383	2.0010	2.0130
September	2.0133	1.9811	1.9955
October	2.0508	1.9764	2.0092
November	2.1025	2.0430	2.0767
December	2.1221	2.0833	2.1017