2023 OMR to AOA Historical Review

YEARLY HIGH

2173.1243 AOA

YEARLY LOW

1306.8405 AOA

YEARLY AVERAGE

1780.6609 AOA

2023 OMR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2173.1243. Conversely, the yearly low was recorded on January 23, dropping to 1306.8405.

This high-to-low spread represents a total annual volatility of 866.2838 AOA. From a start-to-finish perspective, comparing the January average rate of 1308.7110 to the December average rate of 2158.4026, the exchange rate registered a net change of 64.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2173.1243 was up 50.90% compared to the 2022 peak of 1440.1011, 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 10,865,621 AOA

2022 Average 5,982,304 AOA

Yearly Trough Low 6,534,203 AOA

Transaction Impact: A difference of 4,331,418.78 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2243.3717

1223.7418

JanuMarcMayJulySeptNove

OMR to AOA 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 1410.3194, compared to 2151.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 740.6829 points.

H1 Avg (Jan–Jun) 1410.3194

H2 Avg (Jul–Dec) 2151.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 613.0159 AOA (High: 2144.2338 / Low: 1531.2179). On the other end, January was the most stable month, with a tight range of 3.6256 AOA (High: 1310.4661 / Low: 1306.8405).

June Spread (Volatile) ±613.0159

January Spread (Stable) ±3.6256

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8897 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.8897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2156.6191) against the same month in 2022 (average: 1299.5634), the exchange rate shifted by +857.0557 (+65.95%).

2023 Avg (November) 2156.6191

2022 Avg (November) 1299.5634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1310.4661	1306.8405	1308.7110
February	1320.1896	1307.4816	1312.1372
March	1332.2848	1310.3905	1315.3748
April	1326.7474	1310.5236	1318.7363
May	1515.7537	1320.0255	1377.4154
June	2144.2338	1531.2179	1829.5417
July	2148.3994	2139.4538	2144.5586
August	2152.2386	2134.5518	2144.8624
September	2158.8116	2142.8709	2151.2306
October	2155.7110	2143.6724	2150.3409
November	2173.1243	2150.1117	2156.6191
December	2162.3377	2152.9510	2158.4026