2023 WST to CAD Historical Review

YEARLY HIGH

0.5138 CAD

YEARLY LOW

0.4713 CAD

YEARLY AVERAGE

0.4943 CAD

2023 WST to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.5138. Conversely, the yearly low was recorded on December 26, dropping to 0.4713.

This high-to-low spread represents a total annual volatility of 0.0425 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4975 to the December average rate of 0.4790, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5138 was up 0.90% compared to the 2022 peak of 0.5092, 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 2,569 CAD

2022 Average 2,433 CAD

Yearly Trough Low 2,357 CAD

Transaction Impact: A difference of 212.28 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5106

0.4761

JanuMarcMayJulySeptNove

WST to CAD 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 0.4973, compared to 0.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.4973

H2 Avg (Jul–Dec) 0.4912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0174 CAD (High: 0.5138 / Low: 0.4964). On the other end, September was the most stable month, with a tight range of 0.0088 CAD (High: 0.5033 / Low: 0.4945).

March Spread (Volatile) ±0.0174

September Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0118 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5077) against the same month in 2022 (average: 0.4838), the exchange rate shifted by +0.0239 (+4.95%).

2023 Avg (March) 0.5077

2022 Avg (March) 0.4838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5069	0.4933	0.4975
February	0.5059	0.4921	0.4989
March	0.5138	0.4964	0.5077
April	0.5019	0.4895	0.4959
May	0.5011	0.4906	0.4964
June	0.4935	0.4824	0.4875
July	0.4904	0.4811	0.4856
August	0.5007	0.4882	0.4960
September	0.5033	0.4945	0.4985
October	0.5056	0.4889	0.4987
November	0.4941	0.4842	0.4896
December	0.4856	0.4713	0.4790