YEARLY HIGH
0.8457 FJD
YEARLY LOW
0.7820 FJD
YEARLY AVERAGE
0.8162 FJD

2023 WST to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.8457. Conversely, the yearly low was recorded on December 27, dropping to 0.7820.

This high-to-low spread represents a total annual volatility of 0.0637 FJD. From a start-to-finish perspective, comparing the January average rate of 0.8074 to the December average rate of 0.7912, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8457 was down 1.12% compared to the 2022 peak of 0.8553, 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 4,228 FJD
2022 Average 4,091 FJD
Yearly Trough Low 3,910 FJD
Transaction Impact: A difference of 318.26 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8398
0.7868
JanuMarcMayJulySeptNove

WST to FJD 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 0.8146, compared to 0.8179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.8146
H2 Avg (Jul–Dec) 0.8179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0311 FJD (High: 0.8456 / Low: 0.8145). On the other end, September was the most stable month, with a tight range of 0.0144 FJD (High: 0.8457 / Low: 0.8313).

October Spread (Volatile) ±0.0311
September Spread (Stable) ±0.0144

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 0.0228 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.8354) against the same month in 2022 (average: 0.8302), the exchange rate shifted by +0.0052 (+0.62%).

2023 Avg (September) 0.8354
2022 Avg (September) 0.8302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8235 0.7978 0.8074
February 0.8227 0.8031 0.8133
March 0.8299 0.8110 0.8220
April 0.8208 0.8057 0.8120
May 0.8265 0.8046 0.8163
June 0.8303 0.8061 0.8166
July 0.8264 0.7996 0.8141
August 0.8447 0.8160 0.8299
September 0.8457 0.8313 0.8354
October 0.8456 0.8145 0.8297
November 0.8237 0.7947 0.8070
December 0.7999 0.7820 0.7912