2023 WST to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 WST to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the WST to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 997.3918. Conversely, the yearly low was recorded on May 4, dropping to 748.7835.
This high-to-low spread represents a total annual volatility of 248.6083 CDF. From a start-to-finish perspective, comparing the January average rate of 759.4773 to the December average rate of 972.3365, the exchange rate registered a net change of 28.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 997.3918 was up 26.48% compared to the 2022 peak of 788.5729, 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 CDF 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 787.1683, compared to 921.1738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 134.0055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 107.9369 CDF (High: 856.7204 / Low: 748.7835). On the other end, February was the most stable month, with a tight range of 13.5692 CDF (High: 771.6645 / Low: 758.0953).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.4612 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 972.3365) against the same month in 2022 (average: 757.4731), the exchange rate shifted by +214.8634 (+28.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 767.6510 | 751.4226 | 759.4773 |
| February | 771.6645 | 758.0953 | 764.5855 |
| March | 773.6269 | 750.6852 | 766.3592 |
| April | 801.5567 | 750.6852 | 763.6225 |
| May | 856.7204 | 748.7835 | 802.9938 |
| June | 884.2382 | 853.0514 | 865.9711 |
| July | 935.6047 | 884.2382 | 906.2040 |
| August | 916.0835 | 897.5538 | 910.8797 |
| September | 920.7502 | 904.1119 | 913.6411 |
| October | 933.2504 | 899.2857 | 915.7213 |
| November | 972.4418 | 878.7994 | 908.2600 |
| December | 997.3918 | 951.7857 | 972.3365 |