2023 OMR to GBP Historical Review

YEARLY HIGH

2.1963 GBP

YEARLY LOW

1.9785 GBP

YEARLY AVERAGE

2.0900 GBP

2023 OMR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 2.1963. Conversely, the yearly low was recorded on July 13, dropping to 1.9785.

This high-to-low spread represents a total annual volatility of 0.2178 GBP. From a start-to-finish perspective, comparing the January average rate of 2.1218 to the December average rate of 2.0508, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1963 was down 9.31% compared to the 2022 peak of 2.4216, 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 10,981 GBP

2022 Average 10,540 GBP

Yearly Trough Low 9,892 GBP

Transaction Impact: A difference of 1,088.76 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1676

2.0037

JanuMarcMayJulySeptNove

OMR to GBP 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 2.1073, compared to 2.0727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 2.1073

H2 Avg (Jul–Dec) 2.0727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0994 GBP (High: 2.1963 / Low: 2.0969). On the other end, August was the most stable month, with a tight range of 0.0352 GBP (High: 2.0653 / Low: 2.0301).

March Spread (Volatile) ±0.0994

August Spread (Stable) ±0.0352

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 0.0545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.1421) against the same month in 2022 (average: 1.9729), the exchange rate shifted by +0.1692 (+8.58%).

2023 Avg (March) 2.1421

2022 Avg (March) 1.9729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1811	2.0921	2.1218
February	2.1818	2.0966	2.1539
March	2.1963	2.0969	2.1421
April	2.1160	2.0655	2.0876
May	2.1087	2.0550	2.0823
June	2.0924	2.0250	2.0560
July	2.0481	1.9785	2.0173
August	2.0653	2.0301	2.0449
September	2.1403	2.0577	2.0974
October	2.1507	2.1091	2.1344
November	2.1326	2.0431	2.0913
December	2.0700	2.0297	2.0508