YEARLY HIGH
0.0460 WST
YEARLY LOW
0.0413 WST
YEARLY AVERAGE
0.0439 WST

2023 GMD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0460. Conversely, the yearly low was recorded on October 18, dropping to 0.0413.

This high-to-low spread represents a total annual volatility of 0.0047 WST. From a start-to-finish perspective, comparing the January average rate of 0.0435 to the December average rate of 0.0416, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0460 was down 9.13% compared to the 2022 peak of 0.0506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 230 WST
2022 Average 242 WST
Yearly Trough Low 206 WST
Transaction Impact: A difference of 23.39 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0462
0.0411
JanuMarcMayJulySeptNove

GMD 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 0.0445, compared to 0.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0445
H2 Avg (Jul–Dec) 0.0433

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0032 WST (High: 0.0450 / Low: 0.0418). On the other end, June was the most stable month, with a tight range of 0.0003 WST (High: 0.0460 / Low: 0.0457).

September Spread (Volatile) ±0.0032
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0458) against the same month in 2022 (average: 0.0488), the exchange rate shifted by -0.0030 (-6.09%).

2023 Avg (June) 0.0458
2022 Avg (June) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0441 0.0432 0.0435
February 0.0442 0.0438 0.0442
March 0.0442 0.0434 0.0440
April 0.0455 0.0437 0.0441
May 0.0458 0.0453 0.0456
June 0.0460 0.0457 0.0458
July 0.0458 0.0453 0.0457
August 0.0450 0.0447 0.0449
September 0.0450 0.0418 0.0440
October 0.0429 0.0413 0.0419
November 0.0430 0.0416 0.0419
December 0.0418 0.0415 0.0416