2024 WST to CNY Historical Review

YEARLY HIGH

2.6068 CNY

YEARLY LOW

2.5036 CNY

YEARLY AVERAGE

2.5634 CNY

2024 WST to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.6068. Conversely, the yearly low was recorded on September 26, dropping to 2.5036.

This high-to-low spread represents a total annual volatility of 0.1033 CNY. From a start-to-finish perspective, comparing the January average rate of 2.5395 to the December average rate of 2.6005, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6068 was down 3.49% compared to the 2023 peak of 2.7011, 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 13,034 CNY

2023 Average 12,947 CNY

Yearly Trough Low 12,518 CNY

Transaction Impact: A difference of 516.25 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6079

2.5192

JanuMarcMayJulySeptNove

WST to CNY 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 2.5641, compared to 2.5627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 2.5641

H2 Avg (Jul–Dec) 2.5627

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0612 CNY (High: 2.5958 / Low: 2.5346). On the other end, December was the most stable month, with a tight range of 0.0205 CNY (High: 2.6068 / Low: 2.5863).

June Spread (Volatile) ±0.0612

December Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0395 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6005) against the same month in 2023 (average: 2.5423), the exchange rate shifted by +0.0582 (+2.29%).

2024 Avg (December) 2.6005

2023 Avg (December) 2.5423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5692	2.5281	2.5395
February	2.5709	2.5361	2.5564
March	2.5818	2.5473	2.5703
April	2.5877	2.5327	2.5816
May	2.5867	2.5258	2.5596
June	2.5958	2.5346	2.5773
July	2.5984	2.5496	2.5917
August	2.5871	2.5333	2.5522
September	2.5435	2.5036	2.5266
October	2.5468	2.5066	2.5320
November	2.5883	2.5353	2.5735
December	2.6068	2.5863	2.6005