2023 MAD to OMR Historical Review

YEARLY HIGH

0.0401 OMR

YEARLY LOW

0.0366 OMR

YEARLY AVERAGE

0.0380 OMR

2023 MAD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0401. Conversely, the yearly low was recorded on January 3, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0035 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0383, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0401 was down 4.16% compared to the 2022 peak of 0.0418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200 OMR

2022 Average 190 OMR

Yearly Trough Low 183 OMR

Transaction Impact: A difference of 17.33 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0398

0.0370

JanuMarcMayJulySeptNove

MAD 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 0.0378, compared to 0.0383 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) 0.0378

H2 Avg (Jul–Dec) 0.0383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0020 OMR (High: 0.0398 / Low: 0.0378). On the other end, September was the most stable month, with a tight range of 0.0006 OMR (High: 0.0379 / Low: 0.0373).

August Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0395) against the same month in 2022 (average: 0.0376), the exchange rate shifted by +0.0019 (+5.04%).

2023 Avg (July) 0.0395

2022 Avg (July) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0366	0.0376
February	0.0380	0.0368	0.0374
March	0.0377	0.0368	0.0372
April	0.0389	0.0377	0.0380
May	0.0386	0.0376	0.0381
June	0.0389	0.0377	0.0383
July	0.0401	0.0389	0.0395
August	0.0398	0.0378	0.0389
September	0.0379	0.0373	0.0376
October	0.0379	0.0371	0.0375
November	0.0383	0.0374	0.0379
December	0.0391	0.0378	0.0383