YEARLY HIGH
0.7659 WST
YEARLY LOW
0.6914 WST
YEARLY AVERAGE
0.7307 WST

2023 PEN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.7659. Conversely, the yearly low was recorded on January 26, dropping to 0.6914.

This high-to-low spread represents a total annual volatility of 0.0746 WST. From a start-to-finish perspective, comparing the January average rate of 0.7056 to the December average rate of 0.7495, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7659 was up 4.41% compared to the 2022 peak of 0.7336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,830 WST
2022 Average 3,490 WST
Yearly Trough Low 3,457 WST
Transaction Impact: A difference of 372.89 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7626
0.6975
JanuMarcMayJulySeptNove

PEN 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 0.7227, compared to 0.7387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.7227
H2 Avg (Jul–Dec) 0.7387

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0300 WST (High: 0.7324 / Low: 0.7023). On the other end, May was the most stable month, with a tight range of 0.0129 WST (High: 0.7471 / Low: 0.7342).

October Spread (Volatile) ±0.0300
May Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0208 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7572) against the same month in 2022 (average: 0.6948), the exchange rate shifted by +0.0624 (+8.97%).

2023 Avg (July) 0.7572
2022 Avg (July) 0.6948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7161 0.6914 0.7056
February 0.7095 0.6927 0.7029
March 0.7243 0.7086 0.7144
April 0.7404 0.7200 0.7255
May 0.7471 0.7342 0.7399
June 0.7556 0.7368 0.7476
July 0.7659 0.7484 0.7572
August 0.7538 0.7287 0.7364
September 0.7360 0.7158 0.7301
October 0.7324 0.7023 0.7163
November 0.7511 0.7275 0.7426
December 0.7588 0.7394 0.7495