2023 WST to BGN Historical Review

YEARLY HIGH

0.6890 BGN

YEARLY LOW

0.6291 BGN

YEARLY AVERAGE

0.6620 BGN

2023 WST to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.6890. Conversely, the yearly low was recorded on December 27, dropping to 0.6291.

This high-to-low spread represents a total annual volatility of 0.0599 BGN. From a start-to-finish perspective, comparing the January average rate of 0.6724 to the December average rate of 0.6397, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6890 was down 7.39% compared to the 2022 peak of 0.7439, 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 3,445 BGN

2022 Average 3,476 BGN

Yearly Trough Low 3,146 BGN

Transaction Impact: A difference of 299.32 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6815

0.6359

JanuMarcMayJulySeptNove

WST to BGN 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 0.6672, compared to 0.6569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.6672

H2 Avg (Jul–Dec) 0.6569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0327 BGN (High: 0.6875 / Low: 0.6548). On the other end, April was the most stable month, with a tight range of 0.0103 BGN (High: 0.6593 / Low: 0.6489).

October Spread (Volatile) ±0.0327

April Spread (Stable) ±0.0103

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 0.0276 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6724) against the same month in 2022 (average: 0.6643), the exchange rate shifted by +0.0081 (+1.23%).

2023 Avg (January) 0.6724

2022 Avg (January) 0.6643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6890	0.6647	0.6724
February	0.6874	0.6647	0.6777
March	0.6873	0.6593	0.6767
April	0.6593	0.6489	0.6539
May	0.6712	0.6482	0.6604
June	0.6709	0.6532	0.6618
July	0.6610	0.6380	0.6492
August	0.6664	0.6531	0.6595
September	0.6849	0.6661	0.6739
October	0.6875	0.6548	0.6733
November	0.6603	0.6353	0.6457
December	0.6493	0.6291	0.6397