YEARLY HIGH
3262.2194 GNF
YEARLY LOW
3051.8484 GNF
YEARLY AVERAGE
3155.5126 GNF

2023 WST to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 3262.2194. Conversely, the yearly low was recorded on November 5, dropping to 3051.8484.

This high-to-low spread represents a total annual volatility of 210.3711 GNF. From a start-to-finish perspective, comparing the January average rate of 3212.7675 to the December average rate of 3072.1538, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3262.2194 was down 9.12% compared to the 2022 peak of 3589.6673, 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 16,311,097 GNF
2022 Average 16,478,175 GNF
Yearly Trough Low 15,259,242 GNF
Transaction Impact: A difference of 1,051,855.34 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3226.9145
3057.1506
JanuMarcMayJulySeptNove

WST to GNF 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 3183.8068, compared to 3127.2184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 56.5884 points.

H1 Avg (Jan–Jun) 3183.8068
H2 Avg (Jul–Dec) 3127.2184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 114.4581 GNF (High: 3262.2194 / Low: 3147.7613). On the other end, May was the most stable month, with a tight range of 25.6124 GNF (High: 3175.5525 / Low: 3149.9400).

March Spread (Volatile) ±114.4581
May Spread (Stable) ±25.6124

Growth Streaks & Declines

Trends

Between April and June, 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 56.7283 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -56.7283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3212.7675) against the same month in 2022 (average: 3496.8523), the exchange rate shifted by -284.0848 (-8.12%).

2023 Avg (January) 3212.7675
2022 Avg (January) 3496.8523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3262.2194 3183.2710 3212.7675
February 3262.2194 3163.2276 3204.8179
March 3262.2194 3147.7613 3200.6819
April 3175.5525 3121.4877 3155.4562
May 3175.5525 3149.9400 3164.4120
June 3175.9194 3142.7748 3164.7051
July 3181.9018 3134.4783 3159.0299
August 3183.7410 3158.0183 3167.5732
September 3183.7410 3147.5663 3165.2298
October 3173.8008 3061.8411 3128.0259
November 3089.2857 3051.8484 3071.2976
December 3084.3095 3057.1429 3072.1538