YEARLY HIGH
1046.9009 BIF
YEARLY LOW
756.2638 BIF
YEARLY AVERAGE
931.0437 BIF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 WST based on timing:

Yearly Peak High 5,234,504 BIF
2022 Average 3,818,861 BIF
Yearly Trough Low 3,781,319 BIF
Transaction Impact: A difference of 1,453,185.42 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1071.2189
734.8842
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 830.6272
H2 Avg (Jul–Dec) 1031.4602

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±273.9920
January Spread (Stable) ±4.9180

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -18.1584

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (September) 1043.1910
2022 Avg (September) 755.7924

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