YEARLY HIGH
0.1623 WST
YEARLY LOW
0.1517 WST
YEARLY AVERAGE
0.1579 WST

2024 MDL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1623. Conversely, the yearly low was recorded on December 28, dropping to 0.1517.

This high-to-low spread represents a total annual volatility of 0.0106 WST. From a start-to-finish perspective, comparing the January average rate of 0.1589 to the December average rate of 0.1529, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1623 was up 0.27% compared to the 2023 peak of 0.1619, 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 812 WST
2023 Average 755 WST
Yearly Trough Low 758 WST
Transaction Impact: A difference of 53.18 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1619
0.1520
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 0.1582, compared to 0.1576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1582
H2 Avg (Jul–Dec) 0.1576

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0055 WST (High: 0.1612 / Low: 0.1557). On the other end, February was the most stable month, with a tight range of 0.0016 WST (High: 0.1580 / Low: 0.1564).

October Spread (Volatile) ±0.0055
February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1601) against the same month in 2023 (average: 0.1538), the exchange rate shifted by +0.0064 (+4.14%).

2024 Avg (August) 0.1601
2023 Avg (August) 0.1538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1619 0.1577 0.1589
February 0.1580 0.1564 0.1573
March 0.1596 0.1577 0.1586
April 0.1593 0.1563 0.1580
May 0.1593 0.1576 0.1586
June 0.1597 0.1565 0.1580
July 0.1594 0.1571 0.1582
August 0.1623 0.1579 0.1601
September 0.1620 0.1601 0.1611
October 0.1612 0.1557 0.1584
November 0.1576 0.1531 0.1552
December 0.1536 0.1517 0.1529