2023 WST to JMD Historical Review

YEARLY HIGH

57.8068 JMD

YEARLY LOW

54.9039 JMD

YEARLY AVERAGE

56.4027 JMD

2023 WST to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 57.8068. Conversely, the yearly low was recorded on November 5, dropping to 54.9039.

This high-to-low spread represents a total annual volatility of 2.9029 JMD. From a start-to-finish perspective, comparing the January average rate of 56.6721 to the December average rate of 55.4707, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 57.8068 was down 4.57% compared to the 2022 peak of 60.5763, 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 289,034 JMD

2022 Average 287,004 JMD

Yearly Trough Low 274,519 JMD

Transaction Impact: A difference of 14,514.53 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

57.3504

55.2998

JanuMarcMayJulySeptNove

WST to JMD 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 56.5316, compared to 56.2738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2578 points.

H1 Avg (Jan–Jun) 56.5316

H2 Avg (Jul–Dec) 56.2738

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 2.1760 JMD (High: 57.3062 / Low: 55.1302). On the other end, September was the most stable month, with a tight range of 0.4418 JMD (High: 57.1381 / Low: 56.6963).

October Spread (Volatile) ±2.1760

September Spread (Stable) ±0.4418

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 February and March, when the average rate fell by 0.8862 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 57.1795) against the same month in 2022 (average: 59.6931), the exchange rate shifted by -2.5136 (-4.21%).

2023 Avg (February) 57.1795

2022 Avg (February) 59.6931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.1528	55.9809	56.6721
February	57.8068	56.8097	57.1795
March	57.0973	55.2712	56.2933
April	56.3488	55.2189	55.8209
May	56.9791	56.0716	56.5408
June	56.9622	56.2728	56.6830
July	56.9081	56.1545	56.6148
August	57.2791	56.4527	56.8756
September	57.1381	56.6963	56.8471
October	57.3062	55.1302	56.3577
November	55.9301	54.9039	55.4771
December	55.8753	55.1814	55.4707