YEARLY HIGH
2.4510 CHF
YEARLY LOW
2.1830 CHF
YEARLY AVERAGE
2.3348 CHF

2023 OMR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.4510. Conversely, the yearly low was recorded on December 31, dropping to 2.1830.

This high-to-low spread represents a total annual volatility of 0.2681 CHF. From a start-to-finish perspective, comparing the January average rate of 2.4003 to the December average rate of 2.2438, the exchange rate registered a net change of -6.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4510 was down 6.87% compared to the 2022 peak of 2.6319, 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 12,255 CHF
2022 Average 12,400 CHF
Yearly Trough Low 10,915 CHF
Transaction Impact: A difference of 1,340.28 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4243
2.2274
JanuMarcMayJulySeptNove

OMR to CHF 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 2.3703, compared to 2.2993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0710 points.

H1 Avg (Jan–Jun) 2.3703
H2 Avg (Jul–Dec) 2.2993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1056 CHF (High: 2.3342 / Low: 2.2286). On the other end, August was the most stable month, with a tight range of 0.0330 CHF (High: 2.2996 / Low: 2.2665).

July Spread (Volatile) ±0.1056
August Spread (Stable) ±0.0330

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 November and December, when the average rate fell by 0.0720 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.4079) against the same month in 2022 (average: 2.3973), the exchange rate shifted by +0.0105 (+0.44%).

2023 Avg (February) 2.4079
2022 Avg (February) 2.3973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4319 2.3782 2.4003
February 2.4510 2.3562 2.4079
March 2.4477 2.3703 2.4058
April 2.3859 2.3044 2.3355
May 2.3637 2.2942 2.3335
June 2.3664 2.3166 2.3387
July 2.3342 2.2286 2.2715
August 2.2996 2.2665 2.2820
September 2.3918 2.2983 2.3356
October 2.3924 2.3148 2.3472
November 2.3541 2.2688 2.3158
December 2.2859 2.1830 2.2438