2023 WST to AFN Historical Review

YEARLY HIGH

33.6985 AFN

YEARLY LOW

24.5432 AFN

YEARLY AVERAGE

30.3205 AFN

2023 WST to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 33.6985. Conversely, the yearly low was recorded on November 18, dropping to 24.5432.

This high-to-low spread represents a total annual volatility of 9.1553 AFN. From a start-to-finish perspective, comparing the January average rate of 32.9394 to the December average rate of 24.9823, the exchange rate registered a net change of -24.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.6985 was down 16.87% compared to the 2022 peak of 40.5358, 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 168,493 AFN

2022 Average 168,441 AFN

Yearly Trough Low 122,716 AFN

Transaction Impact: A difference of 45,776.47 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.0602

24.1570

JanuMarcMayJulySeptNove

WST to AFN 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 32.3902, compared to 28.2509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1393 points.

H1 Avg (Jan–Jun) 32.3902

H2 Avg (Jul–Dec) 28.2509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.9933 AFN (High: 29.9663 / Low: 26.9730). On the other end, December was the most stable month, with a tight range of 0.5285 AFN (High: 25.2751 / Low: 24.7466).

September Spread (Volatile) ±2.9933

December Spread (Stable) ±0.5285

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.3794 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2.3794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 33.2349) against the same month in 2022 (average: 35.6132), the exchange rate shifted by -2.3783 (-6.68%).

2023 Avg (February) 33.2349

2022 Avg (February) 35.6132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.3775	32.5055	32.9394
February	33.6985	32.5407	33.2349
March	33.1783	31.7145	32.4675
April	33.5717	31.2836	31.7867
May	32.5975	31.6106	32.0986
June	32.1086	31.2467	31.8140
July	32.1869	31.3172	31.7930
August	31.8678	29.8718	31.0559
September	29.9663	26.9730	28.6765
October	28.8400	26.1856	27.4748
November	26.6071	24.5432	25.5228
December	25.2751	24.7466	24.9823