2023 OMR to BOB Historical Review

YEARLY HIGH

18.1507 BOB

YEARLY LOW

17.7581 BOB

YEARLY AVERAGE

17.9467 BOB

2023 OMR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 18.1507. Conversely, the yearly low was recorded on July 12, dropping to 17.7581.

This high-to-low spread represents a total annual volatility of 0.3926 BOB. From a start-to-finish perspective, comparing the January average rate of 17.9500 to the December average rate of 17.9686, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.1507 was up 0.28% compared to the 2022 peak of 18.0992, 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 90,754 BOB

2022 Average 89,517 BOB

Yearly Trough Low 88,791 BOB

Transaction Impact: A difference of 1,963.01 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.9720

17.9311

JanuMarcMayJulySeptNove

OMR to BOB 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 17.9488, compared to 17.9446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 17.9488

H2 Avg (Jul–Dec) 17.9446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3121 BOB (High: 18.1507 / Low: 17.8386). On the other end, January was the most stable month, with a tight range of 0.0913 BOB (High: 17.9822 / Low: 17.8910).

February Spread (Volatile) ±0.3121

January Spread (Stable) ±0.0913

Growth Streaks & Declines

Trends

Between July and September, 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 0.0162 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 17.9570) against the same month in 2022 (average: 17.8750), the exchange rate shifted by +0.0820 (+0.46%).

2023 Avg (February) 17.9570

2022 Avg (February) 17.8750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9822	17.8910	17.9500
February	18.1507	17.8386	17.9570
March	18.0027	17.8516	17.9408
April	18.0294	17.8605	17.9502
May	18.0181	17.8905	17.9447
June	18.0406	17.8953	17.9499
July	18.0245	17.7581	17.9345
August	17.9967	17.8216	17.9459
September	17.9952	17.8843	17.9468
October	17.9730	17.8380	17.9368
November	17.9668	17.8643	17.9350
December	18.0469	17.9355	17.9686