YEARLY HIGH
0.0855 WST
YEARLY LOW
0.0704 WST
YEARLY AVERAGE
0.0749 WST

2023 SRD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0855. Conversely, the yearly low was recorded on July 31, dropping to 0.0704.

This high-to-low spread represents a total annual volatility of 0.0151 WST. From a start-to-finish perspective, comparing the January average rate of 0.0848 to the December average rate of 0.0749, the exchange rate registered a net change of -11.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0855 was down 33.78% compared to the 2022 peak of 0.1291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 427 WST
2022 Average 563 WST
Yearly Trough Low 352 WST
Transaction Impact: A difference of 75.46 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0862
0.0696
JanuMarcMayJulySeptNove

SRD 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 0.0774, compared to 0.0724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0774
H2 Avg (Jul–Dec) 0.0724

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0053 WST (High: 0.0805 / Low: 0.0752). On the other end, November was the most stable month, with a tight range of 0.0007 WST (High: 0.0741 / Low: 0.0734).

March Spread (Volatile) ±0.0053
November Spread (Stable) ±0.0007

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 February and March, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0848) against the same month in 2022 (average: 0.1230), the exchange rate shifted by -0.0382 (-31.04%).

2023 Avg (January) 0.0848
2022 Avg (January) 0.1230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0855 0.0832 0.0848
February 0.0843 0.0796 0.0822
March 0.0805 0.0752 0.0780
April 0.0762 0.0729 0.0741
May 0.0734 0.0720 0.0730
June 0.0730 0.0711 0.0723
July 0.0737 0.0704 0.0717
August 0.0712 0.0705 0.0710
September 0.0714 0.0704 0.0710
October 0.0737 0.0709 0.0721
November 0.0741 0.0734 0.0737
December 0.0762 0.0739 0.0749