YEARLY HIGH
14.2325 BRL
YEARLY LOW
12.2759 BRL
YEARLY AVERAGE
12.9765 BRL

2023 OMR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 14.2325. Conversely, the yearly low was recorded on July 31, dropping to 12.2759.

This high-to-low spread represents a total annual volatility of 1.9565 BRL. From a start-to-finish perspective, comparing the January average rate of 13.4770 to the December average rate of 12.7198, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2325 was down 4.02% compared to the 2022 peak of 14.8293, 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 71,162 BRL
2022 Average 67,060 BRL
Yearly Trough Low 61,380 BRL
Transaction Impact: A difference of 9,782.66 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.6575
12.3583
JanuMarcMayJulySeptNove

OMR to BRL 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 13.1751, compared to 12.7780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3971 points.

H1 Avg (Jan–Jun) 13.1751
H2 Avg (Jul–Dec) 12.7780

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0738 BRL (High: 14.2325 / Low: 13.1587). On the other end, November was the most stable month, with a tight range of 0.2640 BRL (High: 12.8717 / Low: 12.6077).

January Spread (Volatile) ±1.0738
November Spread (Stable) ±0.2640

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5192 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.4770) against the same month in 2022 (average: 14.3461), the exchange rate shifted by -0.8691 (-6.06%).

2023 Avg (January) 13.4770
2022 Avg (January) 14.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.2325 13.1587 13.4770
February 13.7422 13.1200 13.4585
March 13.9088 13.1496 13.5492
April 13.2055 12.7550 13.0300
May 13.1329 12.6999 12.9288
June 13.0249 12.3778 12.6072
July 12.7821 12.2759 12.4666
August 12.9572 12.4512 12.7472
September 13.1002 12.6115 12.8486
October 13.4228 12.9560 13.1507
November 12.8717 12.6077 12.7349
December 12.8997 12.5134 12.7198