2023 OMR to INR Historical Review

YEARLY HIGH

217.4428 INR

YEARLY LOW

210.3206 INR

YEARLY AVERAGE

214.5266 INR

2023 OMR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 217.4428. Conversely, the yearly low was recorded on January 22, dropping to 210.3206.

This high-to-low spread represents a total annual volatility of 7.1222 INR. From a start-to-finish perspective, comparing the January average rate of 212.2963 to the December average rate of 216.2216, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 217.4428 was up 0.87% compared to the 2022 peak of 215.5637, 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 1,087,214 INR

2022 Average 1,020,815 INR

Yearly Trough Low 1,051,603 INR

Transaction Impact: A difference of 35,611.24 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

216.7833

211.8884

JanuMarcMayJulySeptNove

OMR to INR 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 213.5195, compared to 215.5337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0141 points.

H1 Avg (Jan–Jun) 213.5195

H2 Avg (Jul–Dec) 215.5337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.1969 INR (High: 217.4428 / Low: 212.2459). On the other end, November was the most stable month, with a tight range of 1.3961 INR (High: 217.0764 / Low: 215.6802).

March Spread (Volatile) ±5.1969

November Spread (Stable) ±1.3961

Growth Streaks & Declines

Trends

Between June and November, 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 0.8912 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 213.8207) against the same month in 2022 (average: 198.0159), the exchange rate shifted by +15.8047 (+7.98%).

2023 Avg (March) 213.8207

2022 Avg (March) 198.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	215.0965	210.3206	212.2963
February	216.1633	212.2165	214.7077
March	217.4428	212.2459	213.8207
April	213.8762	211.6556	212.9294
May	215.5718	212.1473	213.8684
June	214.6093	212.7789	213.4946
July	215.0226	212.5136	213.5277
August	216.4407	213.7799	215.1456
September	216.3677	214.8683	215.7399
October	216.9248	215.5115	216.1919
November	217.0764	215.6802	216.3754
December	216.7134	215.2610	216.2216