YEARLY HIGH
3.7595 WST
YEARLY LOW
3.4579 WST
YEARLY AVERAGE
3.5785 WST

2024 FKP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3.7595. Conversely, the yearly low was recorded on April 22, dropping to 3.4579.

This high-to-low spread represents a total annual volatility of 0.3016 WST. From a start-to-finish perspective, comparing the January average rate of 3.5583 to the December average rate of 3.5376, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.7595 was up 4.90% compared to the 2023 peak of 3.5839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,798 WST
2023 Average 16,993 WST
Yearly Trough Low 17,290 WST
Transaction Impact: A difference of 1,507.88 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.7217
3.4829
JanuMarcMayJulySeptNove

FKP 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 3.5420, compared to 3.6151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0731 points.

H1 Avg (Jan–Jun) 3.5420
H2 Avg (Jul–Dec) 3.6151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1604 WST (High: 3.7115 / Low: 3.5511). On the other end, January was the most stable month, with a tight range of 0.0437 WST (High: 3.5782 / Low: 3.5345).

August Spread (Volatile) ±0.1604
January Spread (Stable) ±0.0437

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0830 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3.7018) against the same month in 2023 (average: 3.3675), the exchange rate shifted by +0.3342 (+9.93%).

2024 Avg (September) 3.7018
2023 Avg (September) 3.3675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.5782 3.5345 3.5583
February 3.5690 3.5094 3.5368
March 3.6002 3.5273 3.5582
April 3.5496 3.4579 3.5028
May 3.5760 3.4981 3.5382
June 3.5868 3.5339 3.5578
July 3.6425 3.5406 3.6036
August 3.7115 3.5511 3.6251
September 3.7595 3.6507 3.7018
October 3.7167 3.6113 3.6527
November 3.6520 3.5084 3.5697
December 3.5784 3.4992 3.5376