YEARLY HIGH
0.1604 WST
YEARLY LOW
0.1371 WST
YEARLY AVERAGE
0.1478 WST

2023 NAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1604. Conversely, the yearly low was recorded on August 14, dropping to 0.1371.

This high-to-low spread represents a total annual volatility of 0.0233 WST. From a start-to-finish perspective, comparing the January average rate of 0.1580 to the December average rate of 0.1499, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1604 was down 10.47% compared to the 2022 peak of 0.1792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 802 WST
2022 Average 822 WST
Yearly Trough Low 685 WST
Transaction Impact: A difference of 116.67 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1595
0.1414
JanuMarcMayJulySeptNove

NAD 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 0.1492, compared to 0.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1492
H2 Avg (Jul–Dec) 0.1465

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0140 WST (High: 0.1538 / Low: 0.1399). On the other end, September was the most stable month, with a tight range of 0.0035 WST (High: 0.1450 / Low: 0.1414).

November Spread (Volatile) ±0.0140
September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1580) against the same month in 2022 (average: 0.1678), the exchange rate shifted by -0.0099 (-5.88%).

2023 Avg (January) 0.1580
2022 Avg (January) 0.1678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1604 0.1561 0.1580
February 0.1582 0.1464 0.1510
March 0.1524 0.1450 0.1476
April 0.1537 0.1472 0.1500
May 0.1492 0.1382 0.1429
June 0.1499 0.1382 0.1456
July 0.1544 0.1446 0.1494
August 0.1487 0.1371 0.1443
September 0.1450 0.1414 0.1433
October 0.1488 0.1386 0.1429
November 0.1538 0.1399 0.1494
December 0.1532 0.1467 0.1499