YEARLY HIGH
0.7414 BBD
YEARLY LOW
0.7143 BBD
YEARLY AVERAGE
0.7322 BBD

2023 WST to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7414. Conversely, the yearly low was recorded on December 31, dropping to 0.7143.

This high-to-low spread represents a total annual volatility of 0.0271 BBD. From a start-to-finish perspective, comparing the January average rate of 0.7414 to the December average rate of 0.7143, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7414 was down 4.38% compared to the 2022 peak of 0.7754, 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 3,707 BBD
2022 Average 3,741 BBD
Yearly Trough Low 3,571 BBD
Transaction Impact: A difference of 135.64 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7441
0.7116
JanuMarcMayJulySeptNove

WST to BBD 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 0.7376, compared to 0.7269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.7376
H2 Avg (Jul–Dec) 0.7269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0214 BBD (High: 0.7357 / Low: 0.7143). On the other end, December was the most stable month, with a tight range of 0.0000 BBD (High: 0.7143 / Low: 0.7143).

October Spread (Volatile) ±0.0214
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7414) against the same month in 2022 (average: 0.7689), the exchange rate shifted by -0.0275 (-3.57%).

2023 Avg (January) 0.7414
2022 Avg (January) 0.7689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7414 0.7414 0.7414
February 0.7414 0.7414 0.7414
March 0.7414 0.7338 0.7412
April 0.7338 0.7338 0.7338
May 0.7338 0.7338 0.7338
June 0.7338 0.7338 0.7338
July 0.7357 0.7338 0.7341
August 0.7357 0.7357 0.7357
September 0.7357 0.7357 0.7357
October 0.7357 0.7143 0.7274
November 0.7143 0.7143 0.7143
December 0.7143 0.7143 0.7143