2023 CNY to OMR Historical Review

YEARLY HIGH

0.0574 OMR

YEARLY LOW

0.0524 OMR

YEARLY AVERAGE

0.0545 OMR

2023 CNY to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0574. Conversely, the yearly low was recorded on September 9, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0050 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0567 to the December average rate of 0.0541, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0574 was down 5.89% compared to the 2022 peak of 0.0610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 1,436 OMR

2022 Average 1,433 OMR

Yearly Trough Low 1,311 OMR

Transaction Impact: A difference of 124.88 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0571

0.0524

JanuMarcMayJulySeptNove

CNY 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 0.0556, compared to 0.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0556

H2 Avg (Jul–Dec) 0.0533

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 OMR (High: 0.0572 / Low: 0.0552). On the other end, September was the most stable month, with a tight range of 0.0007 OMR (High: 0.0531 / Low: 0.0524).

February Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0567) against the same month in 2022 (average: 0.0606), the exchange rate shifted by -0.0039 (-6.42%).

2023 Avg (January) 0.0567

2022 Avg (January) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0574	0.0557	0.0567
February	0.0572	0.0552	0.0562
March	0.0564	0.0551	0.0558
April	0.0563	0.0555	0.0559
May	0.0558	0.0541	0.0551
June	0.0543	0.0531	0.0538
July	0.0542	0.0530	0.0536
August	0.0539	0.0528	0.0532
September	0.0531	0.0524	0.0528
October	0.0537	0.0526	0.0529
November	0.0544	0.0526	0.0534
December	0.0545	0.0536	0.0541