YEARLY HIGH
7254.7574 CDF
YEARLY LOW
5264.5932 CDF
YEARLY AVERAGE
6066.9033 CDF

2023 OMR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 7254.7574. Conversely, the yearly low was recorded on January 18, dropping to 5264.5932.

This high-to-low spread represents a total annual volatility of 1990.1642 CDF. From a start-to-finish perspective, comparing the January average rate of 5321.9073 to the December average rate of 7071.6730, the exchange rate registered a net change of 32.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7254.7574 was up 35.15% compared to the 2022 peak of 5368.0957, 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 36,273,787 CDF
2022 Average 26,230,189 CDF
Yearly Trough Low 26,322,966 CDF
Transaction Impact: A difference of 9,950,820.97 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7246.6496
5146.9307
JanuMarcMayJulySeptNove

OMR to CDF 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 5547.1991, compared to 6586.6074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1039.4083 points.

H1 Avg (Jan–Jun) 5547.1991
H2 Avg (Jul–Dec) 6586.6074

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 765.4780 CDF (High: 6065.9434 / Low: 5300.4655). On the other end, February was the most stable month, with a tight range of 106.9710 CDF (High: 5418.4247 / Low: 5311.4538).

May Spread (Volatile) ±765.4780
February Spread (Stable) ±106.9710

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: 7071.6730) against the same month in 2022 (average: 5314.0778), the exchange rate shifted by +1757.5952 (+33.07%).

2023 Avg (December) 7071.6730
2022 Avg (December) 5314.0778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5380.5702 5264.5932 5321.9073
February 5418.4247 5311.4538 5359.2091
March 5429.5239 5311.8125 5376.6541
April 5673.6808 5313.5542 5407.5573
May 6065.9434 5300.4655 5685.8036
June 6259.9679 6038.9767 6132.0637
July 6623.1874 6259.9679 6414.3441
August 6461.1808 6337.7940 6431.1361
September 6501.5542 6383.9861 6452.3236
October 6748.9094 6407.1019 6541.6439
November 7072.3038 6391.7662 6608.5237
December 7254.7574 6922.7792 7071.6730