2023 OMR to EUR Historical Review

YEARLY HIGH

2.4809 EUR

YEARLY LOW

2.3102 EUR

YEARLY AVERAGE

2.4011 EUR

2023 OMR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.4809. Conversely, the yearly low was recorded on July 14, dropping to 2.3102.

This high-to-low spread represents a total annual volatility of 0.1707 EUR. From a start-to-finish perspective, comparing the January average rate of 2.4082 to the December average rate of 2.3781, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4809 was down 8.35% compared to the 2022 peak of 2.7068, 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 12,405 EUR

2022 Average 12,351 EUR

Yearly Trough Low 11,551 EUR

Transaction Impact: A difference of 853.69 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4695

2.3386

JanuMarcMayJulySeptNove

OMR to EUR 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 2.4019, compared to 2.4002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.4019

H2 Avg (Jul–Dec) 2.4002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1118 EUR (High: 2.4286 / Low: 2.3168). On the other end, October was the most stable month, with a tight range of 0.0463 EUR (High: 2.4809 / Low: 2.4346).

May Spread (Volatile) ±0.1118

October Spread (Stable) ±0.0463

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 March and April, when the average rate fell by 0.0622 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.4586) against the same month in 2022 (average: 2.6407), the exchange rate shifted by -0.1821 (-6.89%).

2023 Avg (October) 2.4586

2022 Avg (October) 2.6407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4690	2.3783	2.4082
February	2.4698	2.3583	2.4281
March	2.4666	2.3819	2.4267
April	2.4062	2.3341	2.3645
May	2.4286	2.3168	2.3882
June	2.4315	2.3639	2.3960
July	2.3929	2.3102	2.3495
August	2.4064	2.3557	2.3806
September	2.4724	2.4069	2.4329
October	2.4809	2.4346	2.4586
November	2.4539	2.3604	2.4017
December	2.4128	2.3387	2.3781