YEARLY HIGH
231.1430 XAF
YEARLY LOW
210.8938 XAF
YEARLY AVERAGE
221.9539 XAF

2023 WST to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 231.1430. Conversely, the yearly low was recorded on December 27, dropping to 210.8938.

This high-to-low spread represents a total annual volatility of 20.2493 XAF. From a start-to-finish perspective, comparing the January average rate of 225.4287 to the December average rate of 214.4862, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 231.1430 was down 7.25% compared to the 2022 peak of 249.2238, 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 1,155,715 XAF
2022 Average 1,165,676 XAF
Yearly Trough Low 1,054,469 XAF
Transaction Impact: A difference of 101,246.43 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

228.5003
213.2122
JanuMarcMayJulySeptNove

WST to XAF 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 223.6252, compared to 220.2826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3427 points.

H1 Avg (Jan–Jun) 223.6252
H2 Avg (Jul–Dec) 220.2826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 10.9266 XAF (High: 230.4730 / Low: 219.5465). On the other end, August was the most stable month, with a tight range of 4.6818 XAF (High: 223.5239 / Low: 218.8421).

October Spread (Volatile) ±10.9266
August Spread (Stable) ±4.6818

Growth Streaks & Declines

Trends

Between April and June, 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 9.2870 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.2870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 225.4287) against the same month in 2022 (average: 222.7500), the exchange rate shifted by +2.6787 (+1.20%).

2023 Avg (January) 225.4287
2022 Avg (January) 222.7500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 231.1430 222.6708 225.4287
February 230.4157 220.8056 227.2263
March 230.5171 221.4614 226.8827
April 222.7527 216.2868 219.0244
May 225.0414 214.6829 221.2361
June 224.9944 218.9596 221.9533
July 221.7131 214.0547 217.7329
August 223.5239 218.8421 221.1745
September 229.6876 223.5994 225.9701
October 230.4730 219.5465 225.8093
November 221.2960 212.8914 216.5223
December 217.6172 210.8938 214.4862