YEARLY HIGH
0.2816 WST
YEARLY LOW
0.2429 WST
YEARLY AVERAGE
0.2576 WST

2023 SEK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2816. Conversely, the yearly low was recorded on September 14, dropping to 0.2429.

This high-to-low spread represents a total annual volatility of 0.0387 WST. From a start-to-finish perspective, comparing the January average rate of 0.2596 to the December average rate of 0.2734, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2816 was down 3.71% compared to the 2022 peak of 0.2925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,408 WST
2022 Average 1,325 WST
Yearly Trough Low 1,215 WST
Transaction Impact: A difference of 193.52 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2763
0.2423
JanuMarcMayJulySeptNove

SEK 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 0.2585, compared to 0.2567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.2585
H2 Avg (Jul–Dec) 0.2567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0206 WST (High: 0.2714 / Low: 0.2509). On the other end, September was the most stable month, with a tight range of 0.0060 WST (High: 0.2490 / Low: 0.2429).

November Spread (Volatile) ±0.0206
September Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between September and December, 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 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2734) against the same month in 2022 (average: 0.2598), the exchange rate shifted by +0.0136 (+5.23%).

2023 Avg (December) 0.2734
2022 Avg (December) 0.2598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2645 0.2524 0.2596
February 0.2616 0.2541 0.2580
March 0.2626 0.2514 0.2568
April 0.2661 0.2593 0.2634
May 0.2686 0.2508 0.2602
June 0.2570 0.2497 0.2533
July 0.2676 0.2489 0.2589
August 0.2572 0.2460 0.2510
September 0.2490 0.2429 0.2451
October 0.2551 0.2454 0.2494
November 0.2714 0.2509 0.2623
December 0.2816 0.2669 0.2734