2023 OMR to GNF Historical Review

YEARLY HIGH

22861.9528 GNF

YEARLY LOW

22163.9818 GNF

YEARLY AVERAGE

22391.9150 GNF

2023 OMR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 22861.9528. Conversely, the yearly low was recorded on October 7, dropping to 22163.9818.

This high-to-low spread represents a total annual volatility of 697.9710 GNF. From a start-to-finish perspective, comparing the January average rate of 22512.9179 to the December average rate of 22343.3459, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22861.9528 was down 5.74% compared to the 2022 peak of 24253.5617, 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 114,309,764 GNF

2022 Average 114,378,015 GNF

Yearly Trough Low 110,819,909 GNF

Transaction Impact: A difference of 3,489,854.91 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22530.0737

22324.2039

JanuMarcMayJulySeptNove

OMR to GNF 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 22432.2068, compared to 22351.6232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 80.5836 points.

H1 Avg (Jan–Jun) 22432.2068

H2 Avg (Jul–Dec) 22351.6232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 693.7447 GNF (High: 22861.9528 / Low: 22168.2081). On the other end, December was the most stable month, with a tight range of 162.9159 GNF (High: 22408.5850 / Low: 22245.6691).

February Spread (Volatile) ±693.7447

December Spread (Stable) ±162.9159

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 March and April, when the average rate fell by 110.2717 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -110.2717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 22463.4614) against the same month in 2022 (average: 23415.4710), the exchange rate shifted by -952.0096 (-4.07%).

2023 Avg (February) 22463.4614

2022 Avg (February) 23415.4710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22854.7090	22308.0950	22512.9179
February	22861.9528	22168.2081	22463.4614
March	22857.6772	22243.2164	22455.3586
April	22485.6006	22184.4449	22345.0869
May	22484.2571	22321.3020	22406.7063
June	22483.1753	22317.5148	22409.7096
July	22484.7611	22212.7077	22360.4562
August	22480.9866	22299.7366	22364.2186
September	22484.3739	22225.6655	22353.5071
October	22487.7039	22163.9818	22341.3597
November	22471.1512	22213.1860	22346.8515
December	22408.5850	22245.6691	22343.3459