YEARLY HIGH
0.3707 BMD
YEARLY LOW
0.3571 BMD
YEARLY AVERAGE
0.3661 BMD

2023 WST to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3707. Conversely, the yearly low was recorded on December 31, dropping to 0.3571.

This high-to-low spread represents a total annual volatility of 0.0136 BMD. From a start-to-finish perspective, comparing the January average rate of 0.3707 to the December average rate of 0.3571, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3707 was down 4.38% compared to the 2022 peak of 0.3877, 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 1,854 BMD
2022 Average 1,870 BMD
Yearly Trough Low 1,786 BMD
Transaction Impact: A difference of 67.82 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3721
0.3558
JanuMarcMayJulySeptNove

WST to BMD 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 0.3688, compared to 0.3635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.3688
H2 Avg (Jul–Dec) 0.3635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0107 BMD (High: 0.3678 / Low: 0.3571). On the other end, December was the most stable month, with a tight range of 0.0000 BMD (High: 0.3571 / Low: 0.3571).

October Spread (Volatile) ±0.0107
December Spread (Stable) ±0.0000

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 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3707) against the same month in 2022 (average: 0.3844), the exchange rate shifted by -0.0137 (-3.57%).

2023 Avg (January) 0.3707
2022 Avg (January) 0.3844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3707 0.3707 0.3707
February 0.3707 0.3707 0.3707
March 0.3707 0.3669 0.3706
April 0.3669 0.3669 0.3669
May 0.3669 0.3669 0.3669
June 0.3669 0.3669 0.3669
July 0.3678 0.3669 0.3670
August 0.3678 0.3678 0.3678
September 0.3678 0.3678 0.3678
October 0.3678 0.3571 0.3637
November 0.3571 0.3571 0.3571
December 0.3571 0.3571 0.3571