YEARLY HIGH
0.1398 BHD
YEARLY LOW
0.1338 BHD
YEARLY AVERAGE
0.1380 BHD

2023 WST to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.1398. Conversely, the yearly low was recorded on November 5, dropping to 0.1338.

This high-to-low spread represents a total annual volatility of 0.0060 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1397 to the December average rate of 0.1347, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1398 was down 4.88% compared to the 2022 peak of 0.1470, 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 699 BHD
2022 Average 705 BHD
Yearly Trough Low 669 BHD
Transaction Impact: A difference of 30.24 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1402
0.1341
JanuMarcMayJulySeptNove

WST to BHD 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 0.1389, compared to 0.1370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1389
H2 Avg (Jul–Dec) 0.1370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0046 BHD (High: 0.1390 / Low: 0.1344). On the other end, January was the most stable month, with a tight range of 0.0003 BHD (High: 0.1398 / Low: 0.1395).

October Spread (Volatile) ±0.0046
January Spread (Stable) ±0.0003

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 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1396) against the same month in 2022 (average: 0.1442), the exchange rate shifted by -0.0046 (-3.21%).

2023 Avg (March) 0.1396
2022 Avg (March) 0.1442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1398 0.1395 0.1397
February 0.1398 0.1389 0.1396
March 0.1398 0.1379 0.1396
April 0.1388 0.1369 0.1382
May 0.1383 0.1374 0.1383
June 0.1384 0.1378 0.1382
July 0.1387 0.1374 0.1382
August 0.1392 0.1384 0.1387
September 0.1387 0.1383 0.1386
October 0.1390 0.1344 0.1371
November 0.1349 0.1338 0.1346
December 0.1352 0.1343 0.1347