YEARLY HIGH
217.2066 BTN
YEARLY LOW
210.5024 BTN
YEARLY AVERAGE
214.4665 BTN

2023 OMR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 217.2066. Conversely, the yearly low was recorded on April 30, dropping to 210.5024.

This high-to-low spread represents a total annual volatility of 6.7042 BTN. From a start-to-finish perspective, comparing the January average rate of 212.5511 to the December average rate of 216.4249, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 217.2066 was up 0.51% compared to the 2022 peak of 216.1136, 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 1,086,033 BTN
2022 Average 1,020,559 BTN
Yearly Trough Low 1,052,512 BTN
Transaction Impact: A difference of 33,520.99 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

216.8123
212.1637
JanuMarcMayJulySeptNove

OMR to BTN 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 213.4983, compared to 215.4347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9364 points.

H1 Avg (Jan–Jun) 213.4983
H2 Avg (Jul–Dec) 215.4347

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.8112 BTN (High: 215.4119 / Low: 210.6007). On the other end, November was the most stable month, with a tight range of 1.4004 BTN (High: 216.6410 / Low: 215.2406).

January Spread (Volatile) ±4.8112
November Spread (Stable) ±1.4004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9650 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 216.4249) against the same month in 2022 (average: 214.2265), the exchange rate shifted by +2.1984 (+1.03%).

2023 Avg (December) 216.4249
2022 Avg (December) 214.2265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.4119 210.6007 212.5511
February 215.5722 212.5603 214.6104
March 215.2159 211.8368 213.7416
April 213.9548 210.5024 212.7766
May 215.1507 211.8021 213.7770
June 214.8059 212.2903 213.5330
July 215.1500 211.8728 213.2894
August 216.5986 213.4551 215.0681
September 216.3501 214.9045 215.6393
October 216.4262 214.8378 215.9974
November 216.6410 215.2406 216.1890
December 217.2066 215.7171 216.4249