YEARLY HIGH
21.0647 PHP
YEARLY LOW
19.7084 PHP
YEARLY AVERAGE
20.3605 PHP

2023 WST to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 21.0647. Conversely, the yearly low was recorded on November 20, dropping to 19.7084.

This high-to-low spread represents a total annual volatility of 1.3564 PHP. From a start-to-finish perspective, comparing the January average rate of 20.3643 to the December average rate of 19.8286, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0647 was down 2.45% compared to the 2022 peak of 21.5942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,324 PHP
2022 Average 101,826 PHP
Yearly Trough Low 98,542 PHP
Transaction Impact: A difference of 6,781.76 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.9973
19.7223
JanuMarcMayJulySeptNove

WST to PHP 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 20.3654, compared to 20.3556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 20.3654
H2 Avg (Jul–Dec) 20.3556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.7463 PHP (High: 20.6604 / Low: 19.9141). On the other end, December was the most stable month, with a tight range of 0.2063 PHP (High: 19.9509 / Low: 19.7446).

April Spread (Volatile) ±0.7463
December Spread (Stable) ±0.2063

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7517 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 20.8910) against the same month in 2022 (average: 21.2012), the exchange rate shifted by -0.3102 (-1.46%).

2023 Avg (September) 20.8910
2022 Avg (September) 21.2012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7485 20.1609 20.3643
February 20.5835 19.8932 20.3348
March 20.5816 19.9201 20.2824
April 20.6604 19.9141 20.2726
May 20.6772 20.3031 20.4618
June 20.6325 20.2388 20.4766
July 20.4255 19.9398 20.1521
August 20.9204 20.1955 20.7119
September 21.0647 20.8345 20.8910
October 20.9472 20.2413 20.6508
November 20.2425 19.7084 19.8991
December 19.9509 19.7446 19.8286