2023 CVE to OMR Historical Review

YEARLY HIGH

0.0039 OMR

YEARLY LOW

0.0037 OMR

YEARLY AVERAGE

0.0038 OMR

2023 CVE to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0039. Conversely, the yearly low was recorded on October 3, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0003 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0038, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0039 was down 1.55% compared to the 2022 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20 OMR

2022 Average 18 OMR

Yearly Trough Low 18 OMR

Transaction Impact: A difference of 1.39 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039

0.0037

JanuMarcMayJulySeptNove

CVE 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 0.0038, compared to 0.0038 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) 0.0038

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 OMR (High: 0.0038 / Low: 0.0037). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0037 / Low: 0.0037).

November Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, 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: 0.0039) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0003 (+7.70%).

2023 Avg (July) 0.0039

2022 Avg (July) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0037	0.0038
February	0.0038	0.0037	0.0037
March	0.0038	0.0037	0.0037
April	0.0039	0.0038	0.0038
May	0.0038	0.0037	0.0038
June	0.0038	0.0037	0.0038
July	0.0039	0.0038	0.0039
August	0.0039	0.0038	0.0038
September	0.0038	0.0037	0.0037
October	0.0037	0.0037	0.0037
November	0.0038	0.0037	0.0038
December	0.0039	0.0037	0.0038