2023 WST to TWD Historical Review

YEARLY HIGH

11.9245 TWD

YEARLY LOW

10.9584 TWD

YEARLY AVERAGE

11.4004 TWD

2023 WST to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 11.9245. Conversely, the yearly low was recorded on December 30, dropping to 10.9584.

This high-to-low spread represents a total annual volatility of 0.9661 TWD. From a start-to-finish perspective, comparing the January average rate of 11.2663 to the December average rate of 11.1477, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.9245 was up 2.76% compared to the 2022 peak of 11.6039, 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 59,622 TWD

2022 Average 55,648 TWD

Yearly Trough Low 54,792 TWD

Transaction Impact: A difference of 4,830.35 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.8433

11.0844

JanuMarcMayJulySeptNove

WST to TWD 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 11.2657, compared to 11.5351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2694 points.

H1 Avg (Jan–Jun) 11.2657

H2 Avg (Jul–Dec) 11.5351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.4022 TWD (High: 11.9245 / Low: 11.5222). On the other end, May was the most stable month, with a tight range of 0.0912 TWD (High: 11.3098 / Low: 11.2186).

October Spread (Volatile) ±0.4022

May Spread (Stable) ±0.0912

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 0.3503 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.7411) against the same month in 2022 (average: 11.3889), the exchange rate shifted by +0.3522 (+3.09%).

2023 Avg (October) 11.7411

2022 Avg (October) 11.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3933	11.1383	11.2663
February	11.3737	11.0152	11.2229
March	11.4340	11.2053	11.3222
April	11.2862	11.1540	11.2124
May	11.3098	11.2186	11.2649
June	11.4332	11.2268	11.3058
July	11.5670	11.3170	11.4469
August	11.7682	11.6241	11.7042
September	11.8618	11.7251	11.7801
October	11.9245	11.5222	11.7411
November	11.5685	11.1761	11.3909
December	11.2611	10.9584	11.1477