2023 WST to ETB Historical Review

YEARLY HIGH

20.5305 ETB

YEARLY LOW

19.6629 ETB

YEARLY AVERAGE

20.0378 ETB

2023 WST to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 20.5305. Conversely, the yearly low was recorded on April 30, dropping to 19.6629.

This high-to-low spread represents a total annual volatility of 0.8676 ETB. From a start-to-finish perspective, comparing the January average rate of 19.8834 to the December average rate of 20.0567, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.5305 was up 2.21% compared to the 2022 peak of 20.0859, 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 102,652 ETB

2022 Average 97,107 ETB

Yearly Trough Low 98,314 ETB

Transaction Impact: A difference of 4,337.92 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.3561

19.8332

JanuMarcMayJulySeptNove

WST to ETB 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 19.9275, compared to 20.1481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2206 points.

H1 Avg (Jan–Jun) 19.9275

H2 Avg (Jul–Dec) 20.1481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.7727 ETB (High: 20.5305 / Low: 19.7578). On the other end, September was the most stable month, with a tight range of 0.0988 ETB (High: 20.3576 / Low: 20.2588).

October Spread (Volatile) ±0.7727

September Spread (Stable) ±0.0988

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3162 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 20.2256) against the same month in 2022 (average: 18.8285), the exchange rate shifted by +1.3971 (+7.42%).

2023 Avg (October) 20.2256

2022 Avg (October) 18.8285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.9440	19.8124	19.8834
February	20.0353	19.8139	19.9102
March	19.9851	19.6799	19.9193
April	19.9727	19.6629	19.8768
May	20.0671	19.8476	19.9494
June	20.1189	19.9104	20.0259
July	20.2231	20.0326	20.1230
August	20.3640	20.1229	20.2616
September	20.3576	20.2588	20.3125
October	20.5305	19.7578	20.2256
November	20.0630	19.7116	19.9094
December	20.1516	19.8929	20.0567