2023 KWD to OMR Historical Review

YEARLY HIGH

1.2654 OMR

YEARLY LOW

1.2391 OMR

YEARLY AVERAGE

1.2525 OMR

2023 KWD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.2654. Conversely, the yearly low was recorded on October 15, dropping to 1.2391.

This high-to-low spread represents a total annual volatility of 0.0263 OMR. From a start-to-finish perspective, comparing the January average rate of 1.2599 to the December average rate of 1.2505, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2654 was down 0.78% compared to the 2022 peak of 1.2754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,327 OMR

2022 Average 6,284 OMR

Yearly Trough Low 6,196 OMR

Transaction Impact: A difference of 131.42 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2614

1.2433

JanuMarcMayJulySeptNove

KWD 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 1.2559, compared to 1.2491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 1.2559

H2 Avg (Jul–Dec) 1.2491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0159 OMR (High: 1.2654 / Low: 1.2495). On the other end, November was the most stable month, with a tight range of 0.0042 OMR (High: 1.2495 / Low: 1.2453).

February Spread (Volatile) ±0.0159

November Spread (Stable) ±0.0042

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 July and August, when the average rate fell by 0.0045 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.2575) against the same month in 2022 (average: 1.2727), the exchange rate shifted by -0.0152 (-1.19%).

2023 Avg (February) 1.2575

2022 Avg (February) 1.2727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2639	1.2552	1.2599
February	1.2654	1.2495	1.2575
March	1.2580	1.2434	1.2547
April	1.2586	1.2512	1.2562
May	1.2578	1.2511	1.2542
June	1.2571	1.2499	1.2528
July	1.2593	1.2521	1.2549
August	1.2521	1.2475	1.2503
September	1.2495	1.2447	1.2468
October	1.2466	1.2391	1.2448
November	1.2495	1.2453	1.2476
December	1.2537	1.2461	1.2505