YEARLY HIGH
0.3134 GBP
YEARLY LOW
0.2790 GBP
YEARLY AVERAGE
0.2945 GBP

2023 WST to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.3134. Conversely, the yearly low was recorded on December 27, dropping to 0.2790.

This high-to-low spread represents a total annual volatility of 0.0344 GBP. From a start-to-finish perspective, comparing the January average rate of 0.3028 to the December average rate of 0.2820, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3134 was down 7.79% compared to the 2022 peak of 0.3399, 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 1,567 GBP
2022 Average 1,516 GBP
Yearly Trough Low 1,395 GBP
Transaction Impact: A difference of 172.06 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3098
0.2794
JanuMarcMayJulySeptNove

WST to GBP 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 0.2991, compared to 0.2900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.2991
H2 Avg (Jul–Dec) 0.2900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0162 GBP (High: 0.3134 / Low: 0.2972). On the other end, August was the most stable month, with a tight range of 0.0050 GBP (High: 0.2925 / Low: 0.2875).

March Spread (Volatile) ±0.0162
August Spread (Stable) ±0.0050

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 October and November, when the average rate fell by 0.0114 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3053) against the same month in 2022 (average: 0.2905), the exchange rate shifted by +0.0148 (+5.09%).

2023 Avg (March) 0.3053
2022 Avg (March) 0.2905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3113 0.2986 0.3028
February 0.3104 0.2993 0.3073
March 0.3134 0.2972 0.3053
April 0.2986 0.2918 0.2948
May 0.2979 0.2903 0.2941
June 0.2952 0.2859 0.2904
July 0.2891 0.2795 0.2850
August 0.2925 0.2875 0.2896
September 0.3031 0.2914 0.2970
October 0.3046 0.2916 0.2988
November 0.2932 0.2809 0.2874
December 0.2846 0.2790 0.2820