YEARLY HIGH
0.1836 WST
YEARLY LOW
0.1749 WST
YEARLY AVERAGE
0.1777 WST

2023 MVR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1836. Conversely, the yearly low was recorded on March 29, dropping to 0.1749.

This high-to-low spread represents a total annual volatility of 0.0087 WST. From a start-to-finish perspective, comparing the January average rate of 0.1753 to the December average rate of 0.1821, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1836 was down 0.29% compared to the 2022 peak of 0.1841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 918 WST
2022 Average 867 WST
Yearly Trough Low 874 WST
Transaction Impact: A difference of 43.62 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1829
0.1747
JanuMarcMayJulySeptNove

MVR 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 0.1765, compared to 0.1789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1765
H2 Avg (Jul–Dec) 0.1789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0056 WST (High: 0.1821 / Low: 0.1764). On the other end, February was the most stable month, with a tight range of 0.0002 WST (High: 0.1758 / Low: 0.1756).

October Spread (Volatile) ±0.0056
February Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1822) against the same month in 2022 (average: 0.1820), the exchange rate shifted by +0.0003 (+0.16%).

2023 Avg (November) 0.1822
2022 Avg (November) 0.1820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1758 0.1751 0.1753
February 0.1758 0.1756 0.1757
March 0.1769 0.1749 0.1755
April 0.1776 0.1769 0.1775
May 0.1781 0.1774 0.1776
June 0.1781 0.1774 0.1776
July 0.1780 0.1769 0.1772
August 0.1773 0.1765 0.1768
September 0.1768 0.1757 0.1763
October 0.1821 0.1764 0.1787
November 0.1836 0.1812 0.1822
December 0.1824 0.1818 0.1821