YEARLY HIGH
0.4086 WST
YEARLY LOW
0.3868 WST
YEARLY AVERAGE
0.3955 WST

2023 BOB to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4086. Conversely, the yearly low was recorded on February 5, dropping to 0.3868.

This high-to-low spread represents a total annual volatility of 0.0218 WST. From a start-to-finish perspective, comparing the January average rate of 0.3904 to the December average rate of 0.4048, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4086 was down 1.15% compared to the 2022 peak of 0.4133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,043 WST
2022 Average 1,941 WST
Yearly Trough Low 1,934 WST
Transaction Impact: A difference of 108.89 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4072
0.3888
JanuMarcMayJulySeptNove

BOB 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 0.3926, compared to 0.3984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.3926
H2 Avg (Jul–Dec) 0.3984

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0136 WST (High: 0.4061 / Low: 0.3926). On the other end, January was the most stable month, with a tight range of 0.0017 WST (High: 0.3917 / Low: 0.3900).

October Spread (Volatile) ±0.0136
January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and May, 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 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4057) against the same month in 2022 (average: 0.4059), the exchange rate shifted by -0.0002 (-0.06%).

2023 Avg (November) 0.4057
2022 Avg (November) 0.4059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3917 0.3900 0.3904
February 0.3926 0.3868 0.3903
March 0.3959 0.3892 0.3911
April 0.3972 0.3927 0.3945
May 0.3956 0.3937 0.3946
June 0.3969 0.3929 0.3945
July 0.3982 0.3918 0.3947
August 0.3962 0.3919 0.3934
September 0.3948 0.3926 0.3935
October 0.4061 0.3926 0.3983
November 0.4086 0.4048 0.4057
December 0.4055 0.4030 0.4048