2023 OMR to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 OMR to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the OMR to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 1111.5457. Conversely, the yearly low was recorded on September 23, dropping to 994.6000.
This high-to-low spread represents a total annual volatility of 116.9457 AMD. From a start-to-finish perspective, comparing the January average rate of 1027.4736 to the December average rate of 1050.4251, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1111.5457 was down 17.50% compared to the 2022 peak of 1347.2905, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
OMR to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1012.9258, compared to 1026.3385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.4127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 82.8029 AMD (High: 1111.5457 / Low: 1028.7427). On the other end, May was the most stable month, with a tight range of 8.8842 AMD (High: 1008.7672 / Low: 999.8830).
Growth Streaks & Declines
TrendsBetween August and October, 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 February and March, when the average rate fell by 14.6257 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 1049.4719) against the same month in 2022 (average: 1048.2789), the exchange rate shifted by +1.1929 (+0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1030.6774 | 1018.6927 | 1027.4736 |
| February | 1038.9253 | 1010.6136 | 1023.9335 |
| March | 1015.6229 | 1002.0029 | 1009.3078 |
| April | 1019.1220 | 996.6238 | 1008.7433 |
| May | 1008.7672 | 999.8830 | 1004.3303 |
| June | 1006.8530 | 997.7959 | 1003.7660 |
| July | 1014.8692 | 996.8182 | 1006.4536 |
| August | 1010.1073 | 998.5393 | 1003.6706 |
| September | 1031.9430 | 994.6000 | 1003.7486 |
| October | 1111.5457 | 1028.7427 | 1049.4719 |
| November | 1047.0166 | 1036.6222 | 1044.2610 |
| December | 1056.8676 | 1044.8174 | 1050.4251 |