YEARLY HIGH
0.0212 WST
YEARLY LOW
0.0203 WST
YEARLY AVERAGE
0.0207 WST

2023 NPR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0212. Conversely, the yearly low was recorded on February 15, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0009 WST. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0210, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0212 was down 4.10% compared to the 2022 peak of 0.0221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 WST
2022 Average 106 WST
Yearly Trough Low 102 WST
Transaction Impact: A difference of 4.43 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0211
0.0204
JanuMarcMayJulySeptNove

NPR 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 0.0206, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0007 WST (High: 0.0211 / Low: 0.0204). On the other end, December was the most stable month, with a tight range of 0.0001 WST (High: 0.0211 / Low: 0.0209).

October Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0210) against the same month in 2022 (average: 0.0215), the exchange rate shifted by -0.0004 (-1.97%).

2023 Avg (November) 0.0210
2022 Avg (November) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0203 0.0206
February 0.0206 0.0203 0.0204
March 0.0208 0.0203 0.0205
April 0.0211 0.0207 0.0208
May 0.0209 0.0206 0.0207
June 0.0209 0.0206 0.0207
July 0.0209 0.0206 0.0207
August 0.0207 0.0204 0.0205
September 0.0206 0.0204 0.0205
October 0.0211 0.0204 0.0207
November 0.0212 0.0210 0.0210
December 0.0211 0.0209 0.0210