YEARLY HIGH
12916.1707 COP
YEARLY LOW
9974.6005 COP
YEARLY AVERAGE
11236.5958 COP

2023 OMR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 12916.1707. Conversely, the yearly low was recorded on December 27, dropping to 9974.6005.

This high-to-low spread represents a total annual volatility of 2941.5702 COP. From a start-to-finish perspective, comparing the January average rate of 12244.0065 to the December average rate of 10278.0552, the exchange rate registered a net change of -16.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12916.1707 was down 1.97% compared to the 2022 peak of 13176.0525, 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 64,580,853 COP
2022 Average 55,292,843 COP
Yearly Trough Low 49,873,002 COP
Transaction Impact: A difference of 14,707,851.04 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12679.4958
10059.7424
JanuMarcMayJulySeptNove

OMR to COP 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 11928.2137, compared to 10544.9780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1383.2357 points.

H1 Avg (Jan–Jun) 11928.2137
H2 Avg (Jul–Dec) 10544.9780

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1267.8650 COP (High: 12915.3933 / Low: 11647.5283). On the other end, November was the most stable month, with a tight range of 382.0605 COP (High: 10664.4073 / Low: 10282.3469).

January Spread (Volatile) ±1267.8650
November Spread (Stable) ±382.0605

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 879.9806 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -879.9806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12461.1830) against the same month in 2022 (average: 10231.4335), the exchange rate shifted by +2229.7495 (+21.79%).

2023 Avg (February) 12461.1830
2022 Avg (February) 10231.4335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12915.3933 11647.5283 12244.0065
February 12916.1707 11997.8968 12461.1830
March 12669.9634 11968.8701 12370.3226
April 12153.3814 11409.3448 11781.2376
May 12168.0042 11402.3340 11796.2566
June 11500.7531 10583.1148 10916.2760
July 10915.1890 10207.7632 10561.0407
August 10777.5557 10170.3391 10576.9749
September 10667.7050 10135.9899 10415.9613
October 11298.8407 10588.7413 10964.3754
November 10664.4073 10282.3469 10473.4603
December 10468.7466 9974.6005 10278.0552