2023 OMR to CRC Historical Review

YEARLY HIGH

1538.1323 CRC

YEARLY LOW

1349.7583 CRC

YEARLY AVERAGE

1407.2897 CRC

2023 OMR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1538.1323. Conversely, the yearly low was recorded on December 29, dropping to 1349.7583.

This high-to-low spread represents a total annual volatility of 188.3740 CRC. From a start-to-finish perspective, comparing the January average rate of 1493.0178 to the December average rate of 1364.1239, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1538.1323 was down 14.37% compared to the 2022 peak of 1796.2656, 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 7,690,662 CRC

2022 Average 8,379,314 CRC

Yearly Trough Low 6,748,792 CRC

Transaction Impact: A difference of 941,870.16 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1505.9071

1351.2345

JanuMarcMayJulySeptNove

OMR to CRC 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 1428.4707, compared to 1386.1087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.3620 points.

H1 Avg (Jan–Jun) 1428.4707

H2 Avg (Jul–Dec) 1386.1087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 103.5373 CRC (High: 1538.1323 / Low: 1434.5950). On the other end, November was the most stable month, with a tight range of 13.0495 CRC (High: 1386.9527 / Low: 1373.9032).

January Spread (Volatile) ±103.5373

November Spread (Stable) ±13.0495

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 49.9150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -49.9150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1493.0178) against the same month in 2022 (average: 1659.4306), the exchange rate shifted by -166.4128 (-10.03%).

2023 Avg (January) 1493.0178

2022 Avg (January) 1659.4306

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1538.1323	1434.5950	1493.0178
February	1510.9845	1432.3274	1468.4737
March	1452.5414	1400.3952	1418.5587
April	1409.8137	1378.1287	1391.5825
May	1415.1011	1384.1970	1396.3155
June	1410.2419	1394.3821	1402.8759
July	1424.6042	1390.4504	1403.3037
August	1417.1802	1384.0536	1397.8017
September	1401.1746	1376.3805	1391.3005
October	1392.9297	1376.2796	1381.6712
November	1386.9527	1373.9032	1378.4512
December	1375.3420	1349.7583	1364.1239