2023 SAR to WST Historical Review

YEARLY HIGH

0.7490 WST

YEARLY LOW

0.7173 WST

YEARLY AVERAGE

0.7282 WST

2023 SAR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.7490. Conversely, the yearly low was recorded on January 1, dropping to 0.7173.

This high-to-low spread represents a total annual volatility of 0.0317 WST. From a start-to-finish perspective, comparing the January average rate of 0.7182 to the December average rate of 0.7465, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7490 was down 1.12% compared to the 2022 peak of 0.7574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,745 WST

2022 Average 3,562 WST

Yearly Trough Low 3,586 WST

Transaction Impact: A difference of 158.54 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7495

0.7153

JanuMarcMayJulySeptNove

SAR 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 0.7337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.7227

H2 Avg (Jul–Dec) 0.7337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0225 WST (High: 0.7468 / Low: 0.7243). On the other end, June was the most stable month, with a tight range of 0.0004 WST (High: 0.7269 / Low: 0.7265).

October Spread (Volatile) ±0.0225

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7467) against the same month in 2022 (average: 0.7457), the exchange rate shifted by +0.0010 (+0.13%).

2023 Avg (November) 0.7467

2022 Avg (November) 0.7457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7189	0.7173	0.7182
February	0.7198	0.7188	0.7191
March	0.7264	0.7180	0.7187
April	0.7268	0.7262	0.7266
May	0.7268	0.7264	0.7267
June	0.7269	0.7265	0.7267
July	0.7271	0.7246	0.7264
August	0.7256	0.7245	0.7247
September	0.7257	0.7247	0.7248
October	0.7468	0.7243	0.7332
November	0.7490	0.7464	0.7467
December	0.7473	0.7444	0.7465