YEARLY HIGH
0.2197 WST
YEARLY LOW
0.1904 WST
YEARLY AVERAGE
0.2034 WST

2023 SCR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.2197. Conversely, the yearly low was recorded on February 13, dropping to 0.1904.

This high-to-low spread represents a total annual volatility of 0.0293 WST. From a start-to-finish perspective, comparing the January average rate of 0.1993 to the December average rate of 0.2085, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2197 was down 1.41% compared to the 2022 peak of 0.2229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,099 WST
2022 Average 988 WST
Yearly Trough Low 952 WST
Transaction Impact: A difference of 146.48 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2107
0.1979
JanuMarcMayJulySeptNove

SCR 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 0.2003, compared to 0.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.2003
H2 Avg (Jul–Dec) 0.2065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0230 WST (High: 0.2197 / Low: 0.1967). On the other end, August was the most stable month, with a tight range of 0.0077 WST (High: 0.2067 / Low: 0.1990).

October Spread (Volatile) ±0.0230
August Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2064) against the same month in 2022 (average: 0.2102), the exchange rate shifted by -0.0037 (-1.77%).

2023 Avg (October) 0.2064
2022 Avg (October) 0.2102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2089 0.1907 0.1993
February 0.2071 0.1904 0.1992
March 0.2074 0.1916 0.2006
April 0.2110 0.1941 0.2018
May 0.2076 0.1937 0.2020
June 0.2077 0.1925 0.1990
July 0.2093 0.1923 0.2039
August 0.2067 0.1990 0.2033
September 0.2136 0.1996 0.2069
October 0.2197 0.1967 0.2064
November 0.2147 0.2040 0.2096
December 0.2169 0.2003 0.2085