2023 WST to TOP Historical Review

YEARLY HIGH

0.8838 TOP

YEARLY LOW

0.8324 TOP

YEARLY AVERAGE

0.8647 TOP

2023 WST to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.8838. Conversely, the yearly low was recorded on December 31, dropping to 0.8324.

This high-to-low spread represents a total annual volatility of 0.0514 TOP. From a start-to-finish perspective, comparing the January average rate of 0.8636 to the December average rate of 0.8392, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8838 was down 2.91% compared to the 2022 peak of 0.9103, 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 4,419 TOP

2022 Average 4,357 TOP

Yearly Trough Low 4,162 TOP

Transaction Impact: A difference of 257.12 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8836

0.8352

JanuMarcMayJulySeptNove

WST to TOP 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 0.8664, compared to 0.8631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.8664

H2 Avg (Jul–Dec) 0.8631

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0257 TOP (High: 0.8838 / Low: 0.8581). On the other end, September was the most stable month, with a tight range of 0.0052 TOP (High: 0.8821 / Low: 0.8769).

October Spread (Volatile) ±0.0257

September Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and March, 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 0.0206 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8719) against the same month in 2022 (average: 0.8682), the exchange rate shifted by +0.0037 (+0.43%).

2023 Avg (October) 0.8719

2022 Avg (October) 0.8682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8726	0.8565	0.8636
February	0.8755	0.8571	0.8664
March	0.8803	0.8625	0.8741
April	0.8688	0.8596	0.8634
May	0.8738	0.8588	0.8655
June	0.8738	0.8577	0.8652
July	0.8692	0.8516	0.8618
August	0.8801	0.8646	0.8748
September	0.8821	0.8769	0.8796
October	0.8838	0.8581	0.8719
November	0.8591	0.8418	0.8513
December	0.8448	0.8324	0.8392