YEARLY HIGH
3.1104 WST
YEARLY LOW
2.8379 WST
YEARLY AVERAGE
2.9567 WST

2023 EUR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.1104. Conversely, the yearly low was recorded on January 5, dropping to 2.8379.

This high-to-low spread represents a total annual volatility of 0.2725 WST. From a start-to-finish perspective, comparing the January average rate of 2.9101 to the December average rate of 3.0586, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1104 was up 3.60% compared to the 2022 peak of 3.0022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,552 WST
2022 Average 14,082 WST
Yearly Trough Low 14,189 WST
Transaction Impact: A difference of 1,362.42 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0757
2.8699
JanuMarcMayJulySeptNove

EUR 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 2.9341, compared to 2.9793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 2.9341
H2 Avg (Jul–Dec) 2.9793

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1416 WST (High: 2.9878 / Low: 2.8461). On the other end, August was the most stable month, with a tight range of 0.0628 WST (High: 2.9974 / Low: 2.9346).

October Spread (Volatile) ±0.1416
August Spread (Stable) ±0.0628

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 August and September, when the average rate fell by 0.0629 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.0586) against the same month in 2022 (average: 2.8615), the exchange rate shifted by +0.1971 (+6.89%).

2023 Avg (December) 3.0586
2022 Avg (December) 2.8615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9459 2.8379 2.9101
February 2.9707 2.8468 2.8870
March 2.9619 2.8456 2.8915
April 3.0328 2.9448 2.9951
May 3.0555 2.9148 2.9654
June 2.9958 2.9154 2.9556
July 3.0644 2.9586 3.0130
August 2.9974 2.9346 2.9659
September 2.9336 2.8559 2.9030
October 2.9878 2.8461 2.9057
November 3.0812 2.9642 3.0299
December 3.1104 3.0143 3.0586