YEARLY HIGH
0.1619 WST
YEARLY LOW
0.1403 WST
YEARLY AVERAGE
0.1510 WST

2023 MDL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1619. Conversely, the yearly low was recorded on January 8, dropping to 0.1403.

This high-to-low spread represents a total annual volatility of 0.0216 WST. From a start-to-finish perspective, comparing the January average rate of 0.1421 to the December average rate of 0.1591, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1619 was up 9.86% compared to the 2022 peak of 0.1473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 809 WST
2022 Average 709 WST
Yearly Trough Low 701 WST
Transaction Impact: A difference of 107.91 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1608
0.1404
JanuMarcMayJulySeptNove

MDL 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 0.1479, compared to 0.1542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1479
H2 Avg (Jul–Dec) 0.1542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0090 WST (High: 0.1575 / Low: 0.1486). On the other end, February was the most stable month, with a tight range of 0.0024 WST (High: 0.1449 / Low: 0.1425).

July Spread (Volatile) ±0.0090
February Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1591) against the same month in 2022 (average: 0.1397), the exchange rate shifted by +0.0193 (+13.81%).

2023 Avg (December) 0.1591
2022 Avg (December) 0.1397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1441 0.1403 0.1421
February 0.1449 0.1425 0.1437
March 0.1489 0.1429 0.1450
April 0.1526 0.1489 0.1511
May 0.1544 0.1520 0.1534
June 0.1536 0.1489 0.1523
July 0.1575 0.1486 0.1523
August 0.1553 0.1525 0.1538
September 0.1529 0.1486 0.1512
October 0.1551 0.1488 0.1517
November 0.1585 0.1545 0.1569
December 0.1619 0.1562 0.1591