YEARLY HIGH
0.3345 WST
YEARLY LOW
0.3208 WST
YEARLY AVERAGE
0.3273 WST

2023 SBD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.3345. Conversely, the yearly low was recorded on October 9, dropping to 0.3208.

This high-to-low spread represents a total annual volatility of 0.0137 WST. From a start-to-finish perspective, comparing the January average rate of 0.3264 to the December average rate of 0.3311, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3345 was down 4.15% compared to the 2022 peak of 0.3489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,672 WST
2022 Average 1,644 WST
Yearly Trough Low 1,604 WST
Transaction Impact: A difference of 68.47 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3327
0.3228
JanuMarcMayJulySeptNove

SBD 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 0.3275, compared to 0.3272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.3275
H2 Avg (Jul–Dec) 0.3272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0124 WST (High: 0.3331 / Low: 0.3208). On the other end, August was the most stable month, with a tight range of 0.0013 WST (High: 0.3256 / Low: 0.3243).

October Spread (Volatile) ±0.0124
August Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3319) against the same month in 2022 (average: 0.3407), the exchange rate shifted by -0.0088 (-2.58%).

2023 Avg (November) 0.3319
2022 Avg (November) 0.3407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3284 0.3250 0.3264
February 0.3291 0.3263 0.3276
March 0.3311 0.3263 0.3279
April 0.3311 0.3270 0.3287
May 0.3284 0.3268 0.3273
June 0.3276 0.3262 0.3270
July 0.3272 0.3209 0.3257
August 0.3256 0.3243 0.3248
September 0.3248 0.3216 0.3236
October 0.3331 0.3208 0.3261
November 0.3345 0.3297 0.3319
December 0.3326 0.3298 0.3311