2023 OMR to CNY Historical Review

YEARLY HIGH

19.0723 CNY

YEARLY LOW

17.4133 CNY

YEARLY AVERAGE

18.3760 CNY

2023 OMR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 19.0723. Conversely, the yearly low was recorded on January 14, dropping to 17.4133.

This high-to-low spread represents a total annual volatility of 1.6590 CNY. From a start-to-finish perspective, comparing the January average rate of 17.6425 to the December average rate of 18.4899, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.0723 was up 0.53% compared to the 2022 peak of 18.9725, 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 95,362 CNY

2022 Average 87,408 CNY

Yearly Trough Low 87,067 CNY

Transaction Impact: A difference of 8,294.95 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.0758

17.5122

JanuMarcMayJulySeptNove

OMR to CNY 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 17.9972, compared to 18.7549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7576 points.

H1 Avg (Jan–Jun) 17.9972

H2 Avg (Jul–Dec) 18.7549

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6440 CNY (High: 18.1310 / Low: 17.4870). On the other end, September was the most stable month, with a tight range of 0.2437 CNY (High: 19.0723 / Low: 18.8286).

February Spread (Volatile) ±0.6440

September Spread (Stable) ±0.2437

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.2333 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 18.9455) against the same month in 2022 (average: 18.2072), the exchange rate shifted by +0.7383 (+4.05%).

2023 Avg (September) 18.9455

2022 Avg (September) 18.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9613	17.4133	17.6425
February	18.1310	17.4870	17.7831
March	18.1446	17.7152	17.9209
April	18.0239	17.7673	17.8931
May	18.4717	17.9319	18.1560
June	18.8415	18.4017	18.5877
July	18.8566	18.4557	18.6704
August	18.9565	18.5483	18.8027
September	19.0723	18.8286	18.9455
October	19.0183	18.6186	18.8974
November	19.0073	18.3736	18.7232
December	18.6441	18.3541	18.4899