YEARLY HIGH
931.4118 SYP
YEARLY LOW
897.3321 SYP
YEARLY AVERAGE
919.8845 SYP

2023 WST to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 931.4118. Conversely, the yearly low was recorded on December 31, dropping to 897.3321.

This high-to-low spread represents a total annual volatility of 34.0797 SYP. From a start-to-finish perspective, comparing the January average rate of 931.4118 to the December average rate of 897.3321, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 931.4118 was down 4.38% compared to the 2022 peak of 974.0666, 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 4,657,059 SYP
2022 Average 4,699,113 SYP
Yearly Trough Low 4,486,661 SYP
Transaction Impact: A difference of 170,398.47 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

934.8198
893.9242
JanuMarcMayJulySeptNove

WST to SYP 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 926.5830, compared to 913.1860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3969 points.

H1 Avg (Jan–Jun) 926.5830
H2 Avg (Jul–Dec) 913.1860

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 26.9018 SYP (High: 924.2340 / Low: 897.3321). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 897.3321 / Low: 897.3321).

October Spread (Volatile) ±26.9018
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 16.4882 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.4882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 931.4118) against the same month in 2022 (average: 965.7568), the exchange rate shifted by -34.3450 (-3.56%).

2023 Avg (January) 931.4118
2022 Avg (January) 965.7568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 931.4118 931.4118 931.4118
February 931.4118 931.4118 931.4118
March 931.4118 921.8568 931.1036
April 921.8568 921.8568 921.8568
May 921.8568 921.8568 921.8568
June 921.8568 921.8568 921.8568
July 924.2340 921.8568 922.1636
August 924.2340 924.2340 924.2340
September 924.2340 924.2340 924.2340
October 924.2340 897.3321 913.8203
November 897.3321 897.3321 897.3321
December 897.3321 897.3321 897.3321