2023 JOD to OMR Historical Review

YEARLY HIGH

0.5461 OMR

YEARLY LOW

0.5347 OMR

YEARLY AVERAGE

0.5427 OMR

2023 JOD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.5461. Conversely, the yearly low was recorded on March 19, dropping to 0.5347.

This high-to-low spread represents a total annual volatility of 0.0114 OMR. From a start-to-finish perspective, comparing the January average rate of 0.5426 to the December average rate of 0.5427, 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 0.5461 was up 0.23% compared to the 2022 peak of 0.5448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,730 OMR

2022 Average 2,715 OMR

Yearly Trough Low 2,673 OMR

Transaction Impact: A difference of 56.84 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5440

0.5419

JanuMarcMayJulySeptNove

JOD 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 0.5425, compared to 0.5429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.5425

H2 Avg (Jul–Dec) 0.5429

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0082 OMR (High: 0.5428 / Low: 0.5347). On the other end, January was the most stable month, with a tight range of 0.0006 OMR (High: 0.5429 / Low: 0.5422).

March Spread (Volatile) ±0.0082

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.5438) against the same month in 2022 (average: 0.5430), the exchange rate shifted by +0.0009 (+0.16%).

2023 Avg (August) 0.5438

2022 Avg (August) 0.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5429	0.5422	0.5426
February	0.5428	0.5408	0.5425
March	0.5428	0.5347	0.5421
April	0.5460	0.5397	0.5426
May	0.5434	0.5404	0.5425
June	0.5428	0.5409	0.5426
July	0.5433	0.5420	0.5428
August	0.5461	0.5429	0.5438
September	0.5438	0.5420	0.5432
October	0.5435	0.5418	0.5426
November	0.5427	0.5401	0.5425
December	0.5438	0.5417	0.5427