2023 MUR to OMR Historical Review

YEARLY HIGH

0.0088 OMR

YEARLY LOW

0.0082 OMR

YEARLY AVERAGE

0.0085 OMR

2023 MUR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0088. Conversely, the yearly low was recorded on March 14, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0007 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0087, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0088 was down 2.22% compared to the 2022 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 OMR

2022 Average 44 OMR

Yearly Trough Low 41 OMR

Transaction Impact: A difference of 3.36 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0088

0.0082

JanuMarcMayJulySeptNove

MUR 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 0.0085, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0085

H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0005 OMR (High: 0.0087 / Low: 0.0083). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0087 / Low: 0.0086).

February Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0087) against the same month in 2022 (average: 0.0088), the exchange rate shifted by -0.0001 (-1.05%).

2023 Avg (January) 0.0087

2022 Avg (January) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0085	0.0087
February	0.0087	0.0083	0.0084
March	0.0085	0.0082	0.0083
April	0.0086	0.0085	0.0085
May	0.0086	0.0084	0.0085
June	0.0085	0.0083	0.0084
July	0.0085	0.0083	0.0084
August	0.0086	0.0084	0.0085
September	0.0087	0.0083	0.0086
October	0.0087	0.0086	0.0087
November	0.0087	0.0086	0.0087
December	0.0088	0.0086	0.0087