2023 OMR to BIF Historical Review

YEARLY HIGH

7429.6906 BIF

YEARLY LOW

5352.6767 BIF

YEARLY AVERAGE

6613.6303 BIF

2023 OMR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 7429.6906. Conversely, the yearly low was recorded on January 27, dropping to 5352.6767.

This high-to-low spread represents a total annual volatility of 2077.0139 BIF. From a start-to-finish perspective, comparing the January average rate of 5374.3482 to the December average rate of 7404.6703, the exchange rate registered a net change of 37.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7429.6906 was up 37.42% compared to the 2022 peak of 5406.4151, 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 37,148,453 BIF

2022 Average 26,521,761 BIF

Yearly Trough Low 26,763,384 BIF

Transaction Impact: A difference of 10,385,069.54 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7607.7025

5171.3160

JanuMarcMayJulySeptNove

OMR to BIF 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 5854.7481, compared to 7372.5125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1517.7643 points.

H1 Avg (Jan–Jun) 5854.7481

H2 Avg (Jul–Dec) 7372.5125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1945.4172 BIF (High: 7337.7449 / Low: 5392.3277). On the other end, January was the most stable month, with a tight range of 35.0706 BIF (High: 5387.7473 / Low: 5352.6767).

May Spread (Volatile) ±1945.4172

January Spread (Stable) ±35.0706

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7404.6703) against the same month in 2022 (average: 5370.0247), the exchange rate shifted by +2034.6456 (+37.89%).

2023 Avg (December) 7404.6703

2022 Avg (December) 5370.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5387.7473	5352.6767	5374.3482
February	5438.8342	5360.8023	5387.0088
March	5416.2556	5371.5844	5398.1260
April	5415.4860	5374.7677	5402.4979
May	7337.7449	5392.3277	6215.8106
June	7382.0866	7327.0656	7350.6974
July	7391.3778	7302.9135	7350.7737
August	7385.2579	7330.8885	7360.5499
September	7392.3230	7335.0161	7367.2308
October	7398.8439	7321.2884	7372.9626
November	7403.7897	7317.0969	7378.8875
December	7429.6906	7387.0639	7404.6703