2023 ILS to OMR Historical Review

YEARLY HIGH

0.1145 OMR

YEARLY LOW

0.0944 OMR

YEARLY AVERAGE

0.1046 OMR

2023 ILS to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.1145. Conversely, the yearly low was recorded on October 26, dropping to 0.0944.

This high-to-low spread represents a total annual volatility of 0.0201 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1118 to the December average rate of 0.1051, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1145 was down 8.27% compared to the 2022 peak of 0.1248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 572 OMR

2022 Average 574 OMR

Yearly Trough Low 472 OMR

Transaction Impact: A difference of 100.34 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1133

0.0953

JanuMarcMayJulySeptNove

ILS 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 0.1072, compared to 0.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1072

H2 Avg (Jul–Dec) 0.1020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0089 OMR (High: 0.1136 / Low: 0.1046). On the other end, September was the most stable month, with a tight range of 0.0014 OMR (High: 0.1014 / Low: 0.1000).

February Spread (Volatile) ±0.0089

September Spread (Stable) ±0.0014

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 September and October, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1118) against the same month in 2022 (average: 0.1228), the exchange rate shifted by -0.0110 (-8.93%).

2023 Avg (January) 0.1118

2022 Avg (January) 0.1228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1145	0.1084	0.1118
February	0.1136	0.1046	0.1086
March	0.1086	0.1038	0.1064
April	0.1077	0.1043	0.1059
May	0.1064	0.1031	0.1049
June	0.1083	0.1025	0.1057
July	0.1073	0.1036	0.1050
August	0.1059	0.1012	0.1028
September	0.1014	0.1000	0.1009
October	0.1011	0.0944	0.0968
November	0.1045	0.0959	0.1012
December	0.1069	0.1034	0.1051