YEARLY HIGH
0.0211 WST
YEARLY LOW
0.0181 WST
YEARLY AVERAGE
0.0195 WST

2023 JPY to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0211. Conversely, the yearly low was recorded on October 2, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0030 WST. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0195, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0211 was down 7.86% compared to the 2022 peak of 0.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 10,546 WST
2022 Average 10,225 WST
Yearly Trough Low 9,070 WST
Transaction Impact: A difference of 1,476.27 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0210
0.0182
JanuMarcMayJulySeptNove

JPY 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 0.0201, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0201
H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 WST (High: 0.0210 / Low: 0.0198). On the other end, September was the most stable month, with a tight range of 0.0004 WST (High: 0.0186 / Low: 0.0182).

February Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0004

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0207) against the same month in 2022 (average: 0.0227), the exchange rate shifted by -0.0019 (-8.50%).

2023 Avg (January) 0.0207
2022 Avg (January) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0211 0.0202 0.0207
February 0.0210 0.0198 0.0203
March 0.0206 0.0196 0.0202
April 0.0208 0.0200 0.0204
May 0.0203 0.0193 0.0199
June 0.0196 0.0188 0.0193
July 0.0197 0.0188 0.0193
August 0.0192 0.0186 0.0188
September 0.0186 0.0182 0.0184
October 0.0188 0.0181 0.0184
November 0.0190 0.0185 0.0187
December 0.0199 0.0190 0.0195