YEARLY HIGH
3.1176 SBD
YEARLY LOW
2.9900 SBD
YEARLY AVERAGE
3.0551 SBD

2023 WST to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 3.1176. Conversely, the yearly low was recorded on November 12, dropping to 2.9900.

This high-to-low spread represents a total annual volatility of 0.1276 SBD. From a start-to-finish perspective, comparing the January average rate of 3.0637 to the December average rate of 3.0205, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1176 was down 1.05% compared to the 2022 peak of 3.1507, 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 15,588 SBD
2022 Average 15,218 SBD
Yearly Trough Low 14,950 SBD
Transaction Impact: A difference of 638.22 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0975
3.0054
JanuMarcMayJulySeptNove

WST to SBD 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 3.0536, compared to 3.0566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 3.0536
H2 Avg (Jul–Dec) 3.0566

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1159 SBD (High: 3.1176 / Low: 3.0017). On the other end, August was the most stable month, with a tight range of 0.0126 SBD (High: 3.0837 / Low: 3.0710).

October Spread (Volatile) ±0.1159
August Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0541 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 3.0672) against the same month in 2022 (average: 2.9117), the exchange rate shifted by +0.1555 (+5.34%).

2023 Avg (October) 3.0672
2022 Avg (October) 2.9117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0766 3.0451 3.0637
February 3.0645 3.0388 3.0522
March 3.0645 3.0204 3.0497
April 3.0581 3.0204 3.0425
May 3.0603 3.0451 3.0551
June 3.0654 3.0527 3.0584
July 3.1160 3.0566 3.0704
August 3.0837 3.0710 3.0784
September 3.1095 3.0787 3.0898
October 3.1176 3.0017 3.0672
November 3.0332 2.9900 3.0131
December 3.0320 3.0067 3.0205