2023 WST to BAM Historical Review

YEARLY HIGH

0.6915 BAM

YEARLY LOW

0.6307 BAM

YEARLY AVERAGE

0.6620 BAM

2023 WST to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6915. Conversely, the yearly low was recorded on December 29, dropping to 0.6307.

This high-to-low spread represents a total annual volatility of 0.0608 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6738 to the December average rate of 0.6400, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6915 was down 7.32% compared to the 2022 peak of 0.7461, 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 3,457 BAM

2022 Average 3,475 BAM

Yearly Trough Low 3,153 BAM

Transaction Impact: A difference of 304.19 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6808

0.6362

JanuMarcMayJulySeptNove

WST to BAM 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 0.6673, compared to 0.6568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.6673

H2 Avg (Jul–Dec) 0.6568

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0317 BAM (High: 0.6871 / Low: 0.6554). On the other end, August was the most stable month, with a tight range of 0.0140 BAM (High: 0.6664 / Low: 0.6524).

October Spread (Volatile) ±0.0317

August Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6738) against the same month in 2022 (average: 0.6643), the exchange rate shifted by +0.0095 (+1.44%).

2023 Avg (January) 0.6738

2022 Avg (January) 0.6643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6915	0.6652	0.6738
February	0.6864	0.6588	0.6768
March	0.6879	0.6588	0.6771
April	0.6604	0.6447	0.6539
May	0.6696	0.6486	0.6598
June	0.6713	0.6521	0.6622
July	0.6600	0.6376	0.6492
August	0.6664	0.6524	0.6592
September	0.6827	0.6633	0.6727
October	0.6871	0.6554	0.6731
November	0.6622	0.6357	0.6463
December	0.6492	0.6307	0.6400