2023 WST to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 WST to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the WST to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1046.9009. Conversely, the yearly low was recorded on April 30, dropping to 756.2638.
This high-to-low spread represents a total annual volatility of 290.6371 BIF. From a start-to-finish perspective, comparing the January average rate of 766.9610 to the December average rate of 1018.1233, the exchange rate registered a net change of 32.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1046.9009 was up 30.81% compared to the 2022 peak of 800.3477, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
WST to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 830.6272, compared to 1031.4602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 200.8330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 273.9920 BIF (High: 1036.6172 / Low: 762.6253). On the other end, January was the most stable month, with a tight range of 4.9180 BIF (High: 768.9446 / Low: 764.0266).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 18.1584 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 1043.1910) against the same month in 2022 (average: 755.7924), the exchange rate shifted by +287.3986 (+38.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 768.9446 | 764.0266 | 766.9610 |
| February | 774.7156 | 765.1387 | 768.5529 |
| March | 771.7364 | 760.1553 | 769.4189 |
| April | 764.9944 | 756.2638 | 762.9121 |
| May | 1036.6172 | 762.6253 | 877.8510 |
| June | 1042.7406 | 1032.7771 | 1038.0672 |
| July | 1043.2910 | 1030.5283 | 1038.4987 |
| August | 1045.8405 | 1038.2113 | 1042.5173 |
| September | 1046.9009 | 1038.7743 | 1043.1910 |
| October | 1045.9317 | 1011.7643 | 1032.2946 |
| November | 1017.8571 | 1006.0224 | 1014.1363 |
| December | 1021.6172 | 1016.0714 | 1018.1233 |