2023 MXN to OMR Historical Review

YEARLY HIGH

0.0231 OMR

YEARLY LOW

0.0197 OMR

YEARLY AVERAGE

0.0217 OMR

2023 MXN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0231. Conversely, the yearly low was recorded on January 1, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0033 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0203 to the December average rate of 0.0224, the exchange rate registered a net change of 10.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0231 was up 14.69% compared to the 2022 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,153 OMR

2022 Average 958 OMR

Yearly Trough Low 987 OMR

Transaction Impact: A difference of 166.85 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0230

0.0201

JanuMarcMayJulySeptNove

MXN 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 0.0212, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0212

H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0014 OMR (High: 0.0214 / Low: 0.0201). On the other end, April was the most stable month, with a tight range of 0.0004 OMR (High: 0.0214 / Low: 0.0210).

March Spread (Volatile) ±0.0014

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and July, 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 September and October, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0228) against the same month in 2022 (average: 0.0188), the exchange rate shifted by +0.0040 (+21.14%).

2023 Avg (July) 0.0228

2022 Avg (July) 0.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0206	0.0197	0.0203
February	0.0210	0.0201	0.0207
March	0.0214	0.0201	0.0209
April	0.0214	0.0210	0.0213
May	0.0221	0.0214	0.0217
June	0.0225	0.0219	0.0223
July	0.0231	0.0223	0.0228
August	0.0230	0.0222	0.0227
September	0.0226	0.0218	0.0223
October	0.0221	0.0210	0.0213
November	0.0225	0.0216	0.0222
December	0.0227	0.0220	0.0224