2023 OMR to AED Historical Review

YEARLY HIGH

9.6764 AED

YEARLY LOW

9.4811 AED

YEARLY AVERAGE

9.5422 AED

2023 OMR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 9.6764. Conversely, the yearly low was recorded on April 10, dropping to 9.4811.

This high-to-low spread represents a total annual volatility of 0.1952 AED. From a start-to-finish perspective, comparing the January average rate of 9.5411 to the December average rate of 9.5392, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.6764 was up 0.84% compared to the 2022 peak of 9.5961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,382 AED

2022 Average 47,702 AED

Yearly Trough Low 47,406 AED

Transaction Impact: A difference of 976.25 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.5500

9.5382

JanuMarcMayJulySeptNove

OMR to AED 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 9.5431, compared to 9.5414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 9.5431

H2 Avg (Jul–Dec) 9.5414

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1393 AED (High: 9.6764 / Low: 9.5371). On the other end, January was the most stable month, with a tight range of 0.0109 AED (High: 9.5499 / Low: 9.5391).

March Spread (Volatile) ±0.1393

January Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.5490) against the same month in 2022 (average: 9.5399), the exchange rate shifted by +0.0091 (+0.10%).

2023 Avg (March) 9.5490

2022 Avg (March) 9.5399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5499	9.5391	9.5411
February	9.5738	9.5358	9.5439
March	9.6764	9.5371	9.5490
April	9.5925	9.4811	9.5416
May	9.5768	9.5268	9.5403
June	9.5710	9.5397	9.5427
July	9.5558	9.5294	9.5421
August	9.5589	9.5033	9.5394
September	9.5547	9.5386	9.5419
October	9.5530	9.5238	9.5413
November	9.5879	9.5387	9.5442
December	9.5567	9.5202	9.5392