YEARLY HIGH
0.0025 OMR
YEARLY LOW
0.0020 OMR
YEARLY AVERAGE
0.0022 OMR

2023 LRD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 25, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0005 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0020, the exchange rate registered a net change of -17.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was down 5.58% compared to the 2022 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 OMR
2022 Average 13 OMR
Yearly Trough Low 10 OMR
Transaction Impact: A difference of 2.32 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025
0.0020
JanuMarcMayJulySeptNove

LRD 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 0.0024, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 OMR (High: 0.0025 / Low: 0.0024). On the other end, September was the most stable month, with a tight range of 0.0000 OMR (High: 0.0021 / Low: 0.0021).

March Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0025) against the same month in 2022 (average: 0.0025), the exchange rate shifted by -0.0000 (-1.80%).

2023 Avg (February) 0.0025
2022 Avg (February) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0024 0.0025
March 0.0025 0.0024 0.0024
April 0.0024 0.0023 0.0024
May 0.0023 0.0023 0.0023
June 0.0023 0.0021 0.0022
July 0.0021 0.0021 0.0021
August 0.0021 0.0021 0.0021
September 0.0021 0.0021 0.0021
October 0.0021 0.0021 0.0021
November 0.0021 0.0020 0.0020
December 0.0021 0.0020 0.0020