2023 WST to XOF Historical Review

YEARLY HIGH

231.1430 XOF

YEARLY LOW

210.8938 XOF

YEARLY AVERAGE

221.9539 XOF

2023 WST to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to XOF 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 XOF. 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 XOF

2022 Average 1,165,676 XOF

Yearly Trough Low 1,054,469 XOF

Transaction Impact: A difference of 101,246.43 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

228.5003

213.2122

JanuMarcMayJulySeptNove

WST to XOF 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 XOF (High: 230.4730 / Low: 219.5465). On the other end, August was the most stable month, with a tight range of 4.6818 XOF (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