YEARLY HIGH
150.9425 DOP
YEARLY LOW
140.9607 DOP
YEARLY AVERAGE
145.4678 DOP

2023 OMR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 150.9425. Conversely, the yearly low was recorded on April 30, dropping to 140.9607.

This high-to-low spread represents a total annual volatility of 9.9818 DOP. From a start-to-finish perspective, comparing the January average rate of 146.9999 to the December average rate of 148.9140, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 150.9425 was up 0.46% compared to the 2022 peak of 150.2554, 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 754,713 DOP
2022 Average 713,745 DOP
Yearly Trough Low 704,804 DOP
Transaction Impact: A difference of 49,908.95 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

149.6383
140.9470
JanuMarcMayJulySeptNove

OMR to DOP 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 143.6997, compared to 147.2359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5362 points.

H1 Avg (Jan–Jun) 143.6997
H2 Avg (Jul–Dec) 147.2359

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.3793 DOP (High: 148.7511 / Low: 144.3718). On the other end, May was the most stable month, with a tight range of 1.0567 DOP (High: 142.3459 / Low: 141.2892).

February Spread (Volatile) ±4.3793
May Spread (Stable) ±1.0567

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 February and March, when the average rate fell by 3.1108 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.1108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 148.9140) against the same month in 2022 (average: 143.7774), the exchange rate shifted by +5.1366 (+3.57%).

2023 Avg (December) 148.9140
2022 Avg (December) 143.7774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 147.5794 146.1397 146.9999
February 148.7511 144.3718 145.9752
March 144.5117 141.8471 142.8644
April 142.6979 140.9607 142.1198
May 142.3459 141.2892 141.6713
June 143.7715 141.5143 142.5679
July 145.9961 143.0305 144.9711
August 147.5915 145.5761 147.0671
September 148.0178 146.8902 147.4407
October 147.9471 146.6361 147.5448
November 148.5296 146.2499 147.4778
December 150.9425 147.6434 148.9140