2023 CNY to WST Historical Review

YEARLY HIGH

0.4024 WST

YEARLY LOW

0.3702 WST

YEARLY AVERAGE

0.3864 WST

2023 CNY to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4024. Conversely, the yearly low was recorded on September 9, dropping to 0.3702.

This high-to-low spread represents a total annual volatility of 0.0322 WST. From a start-to-finish perspective, comparing the January average rate of 0.3972 to the December average rate of 0.3934, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4024 was down 3.12% compared to the 2022 peak of 0.4154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 10,061 WST

2022 Average 9,947 WST

Yearly Trough Low 9,255 WST

Transaction Impact: A difference of 805.72 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3997

0.3703

JanuMarcMayJulySeptNove

CNY 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 0.3916, compared to 0.3812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.3916

H2 Avg (Jul–Dec) 0.3812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0189 WST (High: 0.3906 / Low: 0.3717). On the other end, April was the most stable month, with a tight range of 0.0037 WST (High: 0.3968 / Low: 0.3931).

October Spread (Volatile) ±0.0189

April Spread (Stable) ±0.0037

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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3972) against the same month in 2022 (average: 0.4093), the exchange rate shifted by -0.0121 (-2.95%).

2023 Avg (January) 0.3972

2022 Avg (January) 0.4093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4024	0.3901	0.3972
February	0.4007	0.3878	0.3942
March	0.3968	0.3873	0.3915
April	0.3968	0.3931	0.3958
May	0.3946	0.3832	0.3900
June	0.3847	0.3757	0.3810
July	0.3826	0.3757	0.3791
August	0.3807	0.3725	0.3755
September	0.3754	0.3702	0.3728
October	0.3906	0.3717	0.3780
November	0.3958	0.3827	0.3887
December	0.3959	0.3901	0.3934