YEARLY HIGH
1.4464 PEN
YEARLY LOW
1.3056 PEN
YEARLY AVERAGE
1.3694 PEN

2023 WST to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.4464. Conversely, the yearly low was recorded on July 17, dropping to 1.3056.

This high-to-low spread represents a total annual volatility of 0.1408 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4173 to the December average rate of 1.3344, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4464 was down 5.72% compared to the 2022 peak of 1.5342, 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 7,232 PEN
2022 Average 7,167 PEN
Yearly Trough Low 6,528 PEN
Transaction Impact: A difference of 704.17 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4328
1.3105
JanuMarcMayJulySeptNove

WST to PEN 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 1.3846, compared to 1.3543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0303 points.

H1 Avg (Jan–Jun) 1.3846
H2 Avg (Jul–Dec) 1.3543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0584 PEN (High: 1.4239 / Low: 1.3655). On the other end, May was the most stable month, with a tight range of 0.0235 PEN (High: 1.3621 / Low: 1.3385).

October Spread (Volatile) ±0.0584
May Spread (Stable) ±0.0235

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 0.0495 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.4173) against the same month in 2022 (average: 1.4968), the exchange rate shifted by -0.0795 (-5.31%).

2023 Avg (January) 1.4173
2022 Avg (January) 1.4968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4464 1.3965 1.4173
February 1.4436 1.4095 1.4226
March 1.4112 1.3807 1.3997
April 1.3888 1.3506 1.3785
May 1.3621 1.3385 1.3516
June 1.3571 1.3234 1.3377
July 1.3362 1.3056 1.3207
August 1.3723 1.3266 1.3580
September 1.3971 1.3586 1.3698
October 1.4239 1.3655 1.3961
November 1.3745 1.3313 1.3467
December 1.3524 1.3179 1.3344