2023 OMR to CLP Historical Review

YEARLY HIGH

2459.6396 CLP

YEARLY LOW

2029.2208 CLP

YEARLY AVERAGE

2182.5420 CLP

2023 OMR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 2459.6396. Conversely, the yearly low was recorded on February 2, dropping to 2029.2208.

This high-to-low spread represents a total annual volatility of 430.4189 CLP. From a start-to-finish perspective, comparing the January average rate of 2138.4568 to the December average rate of 2275.3519, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2459.6396 was down 9.88% compared to the 2022 peak of 2729.3318, 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 12,298,198 CLP

2022 Average 11,357,815 CLP

Yearly Trough Low 10,146,104 CLP

Transaction Impact: A difference of 2,152,094.33 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2443.2712

2039.1872

JanuMarcMayJulySeptNove

OMR to CLP 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 2092.9489, compared to 2272.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 179.1863 points.

H1 Avg (Jan–Jun) 2092.9489

H2 Avg (Jul–Dec) 2272.1351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 177.6935 CLP (High: 2239.1402 / Low: 2061.4467). On the other end, June was the most stable month, with a tight range of 55.7868 CLP (High: 2100.9060 / Low: 2045.1192).

January Spread (Volatile) ±177.6935

June Spread (Stable) ±55.7868

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 107.0226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -107.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2409.5975) against the same month in 2022 (average: 2477.5232), the exchange rate shifted by -67.9256 (-2.74%).

2023 Avg (October) 2409.5975

2022 Avg (October) 2477.5232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2239.1402	2061.4467	2138.4568
February	2164.3223	2029.2208	2081.2863
March	2173.9616	2047.5999	2099.6420
April	2138.3684	2054.0289	2091.7378
May	2111.5230	2041.0151	2072.8609
June	2100.9060	2045.1192	2073.7094
July	2182.7536	2077.9707	2118.3291
August	2266.7735	2186.1428	2225.0765
September	2361.2138	2217.4822	2301.8808
October	2459.6396	2312.9151	2409.5975
November	2405.3335	2258.6168	2302.5750
December	2320.4022	2239.1402	2275.3519