YEARLY HIGH
0.0056 OMR
YEARLY LOW
0.0042 OMR
YEARLY AVERAGE
0.0047 OMR

2023 AFN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0056. Conversely, the yearly low was recorded on April 18, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0014 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0055, the exchange rate registered a net change of 27.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0056 was up 24.12% compared to the 2022 peak of 0.0045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 28 OMR
2022 Average 21 OMR
Yearly Trough Low 21 OMR
Transaction Impact: A difference of 6.97 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056
0.0042
JanuMarcMayJulySeptNove

AFN to OMR 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 0.0044, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0005 OMR (High: 0.0053 / Low: 0.0047). On the other end, January was the most stable month, with a tight range of 0.0001 OMR (High: 0.0044 / Low: 0.0043).

September Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0054) against the same month in 2022 (average: 0.0044), the exchange rate shifted by +0.0010 (+23.06%).

2023 Avg (November) 0.0054
2022 Avg (November) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0043
February 0.0044 0.0042 0.0043
March 0.0045 0.0043 0.0044
April 0.0045 0.0042 0.0044
May 0.0045 0.0043 0.0044
June 0.0045 0.0044 0.0044
July 0.0045 0.0044 0.0044
August 0.0047 0.0044 0.0046
September 0.0053 0.0047 0.0049
October 0.0053 0.0049 0.0051
November 0.0056 0.0052 0.0054
December 0.0056 0.0054 0.0055