YEARLY HIGH
394.3163 JPY
YEARLY LOW
332.2560 JPY
YEARLY AVERAGE
365.0087 JPY

2023 OMR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 394.3163. Conversely, the yearly low was recorded on January 14, dropping to 332.2560.

This high-to-low spread represents a total annual volatility of 62.0603 JPY. From a start-to-finish perspective, comparing the January average rate of 338.1568 to the December average rate of 373.1772, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 394.3163 was up 1.10% compared to the 2022 peak of 390.0299, 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 1,971,582 JPY
2022 Average 1,707,072 JPY
Yearly Trough Low 1,661,280 JPY
Transaction Impact: A difference of 310,301.48 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

394.3951
333.0442
JanuMarcMayJulySeptNove

OMR to JPY 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 350.3922, compared to 379.6252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.2329 points.

H1 Avg (Jan–Jun) 350.3922
H2 Avg (Jul–Dec) 379.6252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 21.7333 JPY (High: 355.7475 / Low: 334.0142). On the other end, October was the most stable month, with a tight range of 7.8132 JPY (High: 393.1039 / Low: 385.2907).

February Spread (Volatile) ±21.7333
October Spread (Stable) ±7.8132

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 16.1053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.1053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 389.2825) against the same month in 2022 (average: 368.3778), the exchange rate shifted by +20.9047 (+5.67%).

2023 Avg (November) 389.2825
2022 Avg (November) 368.3778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 346.2959 332.2560 338.1568
February 355.7475 334.0142 346.1079
March 356.8705 339.6509 347.3360
April 355.6921 340.1115 347.0190
May 365.9012 348.2683 356.5422
June 376.1071 360.3743 367.1915
July 375.6039 358.6186 366.7373
August 380.5117 368.1948 376.0713
September 388.2889 379.7528 383.9851
October 393.1039 385.2907 388.4975
November 394.3163 381.9817 389.2825
December 382.6294 366.0701 373.1772