YEARLY HIGH
358.5042 DZD
YEARLY LOW
347.6151 DZD
YEARLY AVERAGE
353.1773 DZD

2023 OMR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 358.5042. Conversely, the yearly low was recorded on November 14, dropping to 347.6151.

This high-to-low spread represents a total annual volatility of 10.8890 DZD. From a start-to-finish perspective, comparing the January average rate of 354.3116 to the December average rate of 349.3981, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 358.5042 was down 6.33% compared to the 2022 peak of 382.7379, 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 1,792,521 DZD
2022 Average 1,845,782 DZD
Yearly Trough Low 1,738,076 DZD
Transaction Impact: A difference of 54,445.19 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

357.4250
348.6684
JanuMarcMayJulySeptNove

OMR to DZD 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 353.5590, compared to 352.7955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7635 points.

H1 Avg (Jan–Jun) 353.5590
H2 Avg (Jul–Dec) 352.7955

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.9610 DZD (High: 357.9546 / Low: 351.9936). On the other end, December was the most stable month, with a tight range of 1.9293 DZD (High: 350.4031 / Low: 348.4738).

January Spread (Volatile) ±5.9610
December Spread (Stable) ±1.9293

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 6.9972 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.9972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 356.6953) against the same month in 2022 (average: 364.7130), the exchange rate shifted by -8.0178 (-2.20%).

2023 Avg (October) 356.6953
2022 Avg (October) 364.7130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 357.9546 351.9936 354.3116
February 356.5398 351.0784 354.5892
March 357.6189 352.0471 353.8998
April 353.1105 350.5217 351.9273
May 355.4645 351.2195 353.4992
June 355.3062 351.2086 353.1272
July 353.2990 348.5535 351.1438
August 355.5340 351.7224 353.4879
September 357.6812 355.0749 356.3501
October 358.5042 352.9801 356.6953
November 353.0834 347.6151 349.6980
December 350.4031 348.4738 349.3981