YEARLY HIGH
1222.9840 KMF
YEARLY LOW
1136.4827 KMF
YEARLY AVERAGE
1183.5191 KMF

2023 OMR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1222.9840. Conversely, the yearly low was recorded on July 17, dropping to 1136.4827.

This high-to-low spread represents a total annual volatility of 86.5013 KMF. From a start-to-finish perspective, comparing the January average rate of 1187.2600 to the December average rate of 1171.8226, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1222.9840 was down 8.26% compared to the 2022 peak of 1333.0519, 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 6,114,920 KMF
2022 Average 6,070,631 KMF
Yearly Trough Low 5,682,414 KMF
Transaction Impact: A difference of 432,506.37 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1216.5082
1152.1347
JanuMarcMayJulySeptNove

OMR to KMF 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 1184.3490, compared to 1182.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6598 points.

H1 Avg (Jan–Jun) 1184.3490
H2 Avg (Jul–Dec) 1182.6893

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 50.5350 KMF (High: 1213.7842 / Low: 1163.2492). On the other end, October was the most stable month, with a tight range of 18.7044 KMF (High: 1222.9840 / Low: 1204.2796).

November Spread (Volatile) ±50.5350
October Spread (Stable) ±18.7044

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 31.2950 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -31.2950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1211.1438) against the same month in 2022 (average: 1299.2179), the exchange rate shifted by -88.0741 (-6.78%).

2023 Avg (October) 1211.1438
2022 Avg (October) 1299.2179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1215.7303 1171.9160 1187.2600
February 1216.9734 1171.9741 1195.6336
March 1216.4707 1173.5193 1197.6474
April 1178.6228 1156.9915 1166.3524
May 1198.2771 1157.4392 1177.5060
June 1198.3051 1167.6464 1181.6946
July 1177.8465 1136.4827 1157.4992
August 1182.7440 1163.0913 1172.4760
September 1219.0587 1181.8180 1197.3979
October 1222.9840 1204.2796 1211.1438
November 1213.7842 1163.2492 1185.7961
December 1189.2204 1152.3320 1171.8226