YEARLY HIGH
467.6293 DJF
YEARLY LOW
456.3566 DJF
YEARLY AVERAGE
462.0288 DJF

2023 OMR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 467.6293. Conversely, the yearly low was recorded on April 29, dropping to 456.3566.

This high-to-low spread represents a total annual volatility of 11.2727 DJF. From a start-to-finish perspective, comparing the January average rate of 461.7304 to the December average rate of 462.5956, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 467.6293 was up 0.27% compared to the 2022 peak of 466.3579, 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 2,338,147 DJF
2022 Average 2,311,895 DJF
Yearly Trough Low 2,281,783 DJF
Transaction Impact: A difference of 56,363.36 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

462.7034
461.4101
JanuMarcMayJulySeptNove

OMR to DJF 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 462.0097, compared to 462.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 462.0097
H2 Avg (Jul–Dec) 462.0479

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 9.1990 DJF (High: 467.6293 / Low: 458.4303). On the other end, January was the most stable month, with a tight range of 2.3749 DJF (High: 462.7943 / Low: 460.4194).

February Spread (Volatile) ±9.1990
January Spread (Stable) ±2.3749

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 462.4741) against the same month in 2022 (average: 462.1212), the exchange rate shifted by +0.3529 (+0.08%).

2023 Avg (February) 462.4741
2022 Avg (February) 462.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 462.7943 460.4194 461.7304
February 467.6293 458.4303 462.4741
March 464.7012 460.0135 461.8906
April 463.1984 456.3566 461.5179
May 463.6026 461.0483 462.0570
June 464.5084 459.5778 462.3884
July 462.6922 458.1357 461.5617
August 464.9447 459.0359 462.0494
September 465.0148 460.8450 462.4535
October 463.7267 459.6195 462.0194
November 463.6520 458.7126 461.6076
December 465.0192 461.0533 462.5956