2023 WST to MGA Historical Review

YEARLY HIGH

1685.0818 MGA

YEARLY LOW

1571.1393 MGA

YEARLY AVERAGE

1628.8938 MGA

2023 WST to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1685.0818. Conversely, the yearly low was recorded on March 18, dropping to 1571.1393.

This high-to-low spread represents a total annual volatility of 113.9426 MGA. From a start-to-finish perspective, comparing the January average rate of 1630.6236 to the December average rate of 1636.5829, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1685.0818 was up 1.46% compared to the 2022 peak of 1660.7663, 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 8,425,409 MGA

2022 Average 7,718,549 MGA

Yearly Trough Low 7,855,696 MGA

Transaction Impact: A difference of 569,712.79 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1665.4381

1586.7933

JanuMarcMayJulySeptNove

WST to MGA 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 1614.0732, compared to 1643.7143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.6411 points.

H1 Avg (Jan–Jun) 1614.0732

H2 Avg (Jul–Dec) 1643.7143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 106.1079 MGA (High: 1685.0818 / Low: 1578.9739). On the other end, May was the most stable month, with a tight range of 13.1630 MGA (High: 1619.1465 / Low: 1605.9835).

January Spread (Volatile) ±106.1079

May Spread (Stable) ±13.1630

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 37.2766 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -37.2766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1630.6236) against the same month in 2022 (average: 1529.9774), the exchange rate shifted by +100.6462 (+6.58%).

2023 Avg (January) 1630.6236

2022 Avg (January) 1529.9774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1685.0818	1578.9739	1630.6236
February	1601.5748	1583.1067	1593.3471
March	1616.9656	1571.1393	1597.2383
April	1620.3020	1588.3266	1606.1922
May	1619.1465	1605.9835	1614.9141
June	1666.7395	1612.7357	1642.1241
July	1671.0787	1622.5160	1651.8016
August	1667.4448	1636.3296	1655.9294
September	1676.5384	1646.1284	1658.8844
October	1673.9142	1612.5000	1646.8418
November	1622.0633	1601.7360	1612.2459
December	1648.8256	1607.1429	1636.5829