YEARLY HIGH
0.5060 BND
YEARLY LOW
0.4712 BND
YEARLY AVERAGE
0.4915 BND

2023 WST to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5060. Conversely, the yearly low was recorded on December 29, dropping to 0.4712.

This high-to-low spread represents a total annual volatility of 0.0347 BND. From a start-to-finish perspective, comparing the January average rate of 0.4919 to the December average rate of 0.4758, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5060 was down 6.44% compared to the 2022 peak of 0.5408, 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 2,530 BND
2022 Average 2,578 BND
Yearly Trough Low 2,356 BND
Transaction Impact: A difference of 173.62 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5037
0.4733
JanuMarcMayJulySeptNove

WST to BND 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 0.4925, compared to 0.4905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4925
H2 Avg (Jul–Dec) 0.4905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0184 BND (High: 0.5060 / Low: 0.4876). On the other end, April was the most stable month, with a tight range of 0.0065 BND (High: 0.4906 / Low: 0.4841).

October Spread (Volatile) ±0.0184
April Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between January and March, 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 0.0162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4978) against the same month in 2022 (average: 0.5085), the exchange rate shifted by -0.0107 (-2.10%).

2023 Avg (October) 0.4978
2022 Avg (October) 0.5085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5001 0.4865 0.4919
February 0.5001 0.4842 0.4937
March 0.5020 0.4871 0.4965
April 0.4906 0.4841 0.4880
May 0.4970 0.4859 0.4912
June 0.4982 0.4900 0.4938
July 0.4982 0.4833 0.4898
August 0.4997 0.4906 0.4968
September 0.5048 0.4967 0.5011
October 0.5060 0.4876 0.4978
November 0.4895 0.4756 0.4816
December 0.4800 0.4712 0.4758