YEARLY HIGH
55.1287 JPY
YEARLY LOW
47.4115 JPY
YEARLY AVERAGE
51.4175 JPY

2023 WST to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 55.1287. Conversely, the yearly low was recorded on January 14, dropping to 47.4115.

This high-to-low spread represents a total annual volatility of 7.7172 JPY. From a start-to-finish perspective, comparing the January average rate of 48.2576 to the December average rate of 51.3110, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.1287 was up 2.81% compared to the 2022 peak of 53.6223, 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 275,643 JPY
2022 Average 245,408 JPY
Yearly Trough Low 237,058 JPY
Transaction Impact: A difference of 38,585.78 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.0064
47.6441
JanuMarcMayJulySeptNove

WST to JPY 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 49.7259, compared to 53.1091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3832 points.

H1 Avg (Jan–Jun) 49.7259
H2 Avg (Jul–Dec) 53.1091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.9205 JPY (High: 50.5959 / Low: 47.6754). On the other end, September was the most stable month, with a tight range of 1.2106 JPY (High: 54.9918 / Low: 53.7812).

February Spread (Volatile) ±2.9205
September Spread (Stable) ±1.2106

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 November and December, when the average rate fell by 2.1910 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1910

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 54.3928) against the same month in 2022 (average: 52.4025), the exchange rate shifted by +1.9903 (+3.80%).

2023 Avg (October) 54.3928
2022 Avg (October) 52.4025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.4234 47.4115 48.2576
February 50.5959 47.6754 49.3783
March 50.9311 48.4699 49.5076
April 50.0481 48.0415 49.0040
May 51.6916 49.2001 50.3532
June 53.1263 50.9060 51.8548
July 53.0551 50.6569 51.8117
August 53.9077 52.1446 53.2651
September 54.9918 53.7812 54.3718
October 55.1287 53.2496 54.3928
November 54.1606 52.5207 53.5019
December 52.6098 50.3661 51.3110