YEARLY HIGH
0.2279 OMR
YEARLY LOW
0.2233 OMR
YEARLY AVERAGE
0.2264 OMR

2023 AZN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.2279. Conversely, the yearly low was recorded on March 19, dropping to 0.2233.

This high-to-low spread represents a total annual volatility of 0.0046 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2264 to the December average rate of 0.2265, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2279 was up 0.21% compared to the 2022 peak of 0.2274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,139 OMR
2022 Average 1,132 OMR
Yearly Trough Low 1,116 OMR
Transaction Impact: A difference of 22.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2265
0.2262
JanuMarcMayJulySeptNove

AZN 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 0.2264, compared to 0.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2264
H2 Avg (Jul–Dec) 0.2264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0032 OMR (High: 0.2265 / Low: 0.2233). On the other end, January was the most stable month, with a tight range of 0.0003 OMR (High: 0.2265 / Low: 0.2262).

March Spread (Volatile) ±0.0032
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2264) against the same month in 2022 (average: 0.2265), the exchange rate shifted by -0.0001 (-0.05%).

2023 Avg (April) 0.2264
2022 Avg (April) 0.2265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2265 0.2262 0.2264
February 0.2266 0.2257 0.2264
March 0.2265 0.2233 0.2262
April 0.2279 0.2252 0.2264
May 0.2267 0.2256 0.2264
June 0.2265 0.2257 0.2264
July 0.2267 0.2257 0.2264
August 0.2274 0.2260 0.2265
September 0.2265 0.2261 0.2264
October 0.2269 0.2262 0.2264
November 0.2265 0.2253 0.2263
December 0.2269 0.2261 0.2265