2023 CAD to WST Historical Review

YEARLY HIGH

2.1217 WST

YEARLY LOW

1.9464 WST

YEARLY AVERAGE

2.0237 WST

2023 CAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.1217. Conversely, the yearly low was recorded on March 11, dropping to 1.9464.

This high-to-low spread represents a total annual volatility of 0.1753 WST. From a start-to-finish perspective, comparing the January average rate of 2.0101 to the December average rate of 2.0881, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1217 was up 0.08% compared to the 2022 peak of 2.1200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,608 WST

2022 Average 10,276 WST

Yearly Trough Low 9,732 WST

Transaction Impact: A difference of 876.63 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0999

1.9578

JanuMarcMayJulySeptNove

CAD 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 2.0111, compared to 2.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 2.0111

H2 Avg (Jul–Dec) 2.0363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0683 WST (High: 2.0146 / Low: 1.9464). On the other end, September was the most stable month, with a tight range of 0.0355 WST (High: 2.0222 / Low: 1.9867).

March Spread (Volatile) ±0.0683

September Spread (Stable) ±0.0355

Growth Streaks & Declines

Trends

Between May and July, 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 0.0434 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.0881) against the same month in 2022 (average: 1.9850), the exchange rate shifted by +0.1030 (+5.19%).

2023 Avg (December) 2.0881

2022 Avg (December) 1.9850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0273	1.9728	2.0101
February	2.0322	1.9768	2.0045
March	2.0146	1.9464	1.9697
April	2.0428	1.9926	2.0165
May	2.0381	1.9955	2.0147
June	2.0730	2.0265	2.0512
July	2.0785	2.0393	2.0594
August	2.0484	1.9974	2.0160
September	2.0222	1.9867	2.0063
October	2.0454	1.9779	2.0053
November	2.0653	2.0239	2.0427
December	2.1217	2.0593	2.0881