YEARLY HIGH
0.8019 WST
YEARLY LOW
0.6725 WST
YEARLY AVERAGE
0.7422 WST

2023 ILS to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.8019. Conversely, the yearly low was recorded on October 19, dropping to 0.6725.

This high-to-low spread represents a total annual volatility of 0.1294 WST. From a start-to-finish perspective, comparing the January average rate of 0.7834 to the December average rate of 0.7643, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8019 was down 4.87% compared to the 2022 peak of 0.8430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,010 WST
2022 Average 3,985 WST
Yearly Trough Low 3,362 WST
Transaction Impact: A difference of 647.12 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7926
0.6821
JanuMarcMayJulySeptNove

ILS 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 0.7554, compared to 0.7290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.7554
H2 Avg (Jul–Dec) 0.7290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0626 WST (High: 0.7601 / Low: 0.6975). On the other end, September was the most stable month, with a tight range of 0.0092 WST (High: 0.7162 / Low: 0.7069).

November Spread (Volatile) ±0.0626
September Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0219 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7834) against the same month in 2022 (average: 0.8295), the exchange rate shifted by -0.0461 (-5.56%).

2023 Avg (January) 0.7834
2022 Avg (January) 0.8295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8019 0.7595 0.7834
February 0.7956 0.7355 0.7615
March 0.7611 0.7349 0.7464
April 0.7623 0.7422 0.7499
May 0.7526 0.7297 0.7426
June 0.7668 0.7267 0.7487
July 0.7593 0.7333 0.7433
August 0.7476 0.7147 0.7261
September 0.7162 0.7069 0.7123
October 0.7135 0.6725 0.6913
November 0.7601 0.6975 0.7366
December 0.7776 0.7519 0.7643