2023 BOB to OMR Historical Review

YEARLY HIGH

0.0563 OMR

YEARLY LOW

0.0551 OMR

YEARLY AVERAGE

0.0557 OMR

2023 BOB to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.0563. Conversely, the yearly low was recorded on February 5, dropping to 0.0551.

This high-to-low spread represents a total annual volatility of 0.0012 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0557, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0563 was down 0.50% compared to the 2022 peak of 0.0566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282 OMR

2022 Average 279 OMR

Yearly Trough Low 275 OMR

Transaction Impact: A difference of 6.09 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0558

0.0556

JanuMarcMayJulySeptNove

BOB 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 0.0557, compared to 0.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0557

H2 Avg (Jul–Dec) 0.0557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 OMR (High: 0.0561 / Low: 0.0551). On the other end, January was the most stable month, with a tight range of 0.0003 OMR (High: 0.0559 / Low: 0.0556).

February Spread (Volatile) ±0.0010

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0558) against the same month in 2022 (average: 0.0560), the exchange rate shifted by -0.0002 (-0.44%).

2023 Avg (July) 0.0558

2022 Avg (July) 0.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0559	0.0556	0.0557
February	0.0561	0.0551	0.0557
March	0.0560	0.0555	0.0557
April	0.0560	0.0555	0.0557
May	0.0559	0.0555	0.0557
June	0.0559	0.0554	0.0557
July	0.0563	0.0555	0.0558
August	0.0561	0.0556	0.0557
September	0.0559	0.0556	0.0557
October	0.0561	0.0556	0.0558
November	0.0560	0.0557	0.0558
December	0.0558	0.0554	0.0557