YEARLY HIGH
0.0509 WST
YEARLY LOW
0.0487 WST
YEARLY AVERAGE
0.0499 WST

2023 ETB to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0509. Conversely, the yearly low was recorded on October 15, dropping to 0.0487.

This high-to-low spread represents a total annual volatility of 0.0021 WST. From a start-to-finish perspective, comparing the January average rate of 0.0503 to the December average rate of 0.0499, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0509 was down 5.76% compared to the 2022 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 254 WST
2022 Average 258 WST
Yearly Trough Low 244 WST
Transaction Impact: A difference of 10.75 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0504
0.0491
JanuMarcMayJulySeptNove

ETB 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 0.0502, compared to 0.0496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0502
H2 Avg (Jul–Dec) 0.0496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0019 WST (High: 0.0506 / Low: 0.0487). On the other end, September was the most stable month, with a tight range of 0.0002 WST (High: 0.0494 / Low: 0.0491).

October Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0503) against the same month in 2022 (average: 0.0503), the exchange rate shifted by -0.0000 (-0.05%).

2023 Avg (April) 0.0503
2022 Avg (April) 0.0503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0505 0.0501 0.0503
February 0.0505 0.0499 0.0502
March 0.0508 0.0500 0.0502
April 0.0509 0.0501 0.0503
May 0.0504 0.0498 0.0501
June 0.0502 0.0497 0.0499
July 0.0499 0.0494 0.0497
August 0.0497 0.0491 0.0494
September 0.0494 0.0491 0.0492
October 0.0506 0.0487 0.0495
November 0.0507 0.0498 0.0502
December 0.0503 0.0496 0.0499