2023 OMR to IDR Historical Review

YEARLY HIGH

41389.1179 IDR

YEARLY LOW

38076.2875 IDR

YEARLY AVERAGE

39597.3433 IDR

2023 OMR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 41389.1179. Conversely, the yearly low was recorded on May 1, dropping to 38076.2875.

This high-to-low spread represents a total annual volatility of 3312.8304 IDR. From a start-to-finish perspective, comparing the January average rate of 39596.0474 to the December average rate of 40216.1157, the exchange rate registered a net change of 1.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 41389.1179 was up 0.89% compared to the 2022 peak of 41022.3111, 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 206,945,589 IDR

2022 Average 192,865,583 IDR

Yearly Trough Low 190,381,437 IDR

Transaction Impact: A difference of 16,564,151.88 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41176.3271

38333.5849

JanuMarcMayJulySeptNove

OMR to IDR 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 39136.4276, compared to 40058.2590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 921.8314 points.

H1 Avg (Jan–Jun) 39136.4276

H2 Avg (Jul–Dec) 40058.2590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1816.5957 IDR (High: 40618.0459 / Low: 38801.4503). On the other end, June was the most stable month, with a tight range of 596.1935 IDR (High: 39145.4320 / Low: 38549.2385).

January Spread (Volatile) ±1816.5957

June Spread (Stable) ±596.1935

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 March and April, when the average rate fell by 1133.5129 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1133.5129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 40939.4319) against the same month in 2022 (average: 40084.8146), the exchange rate shifted by +854.6173 (+2.13%).

2023 Avg (October) 40939.4319

2022 Avg (October) 40084.8146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40618.0459	38801.4503	39596.0474
February	39788.5351	38688.0120	39406.1393
March	40503.3011	38874.2589	39773.1238
April	38983.3755	38111.1371	38639.6109
May	38988.5591	38076.2875	38570.4800
June	39145.4320	38549.2385	38833.1643
July	39478.2528	38748.3266	39122.7978
August	39924.3506	39323.9782	39649.0684
September	40456.0920	39570.0053	39942.5168
October	41389.1179	40113.5679	40939.4319
November	41325.0078	39868.9347	40479.6235
December	40661.7760	39902.8407	40216.1157