YEARLY HIGH
2371.0792 KPW
YEARLY LOW
2323.4981 KPW
YEARLY AVERAGE
2338.2698 KPW

2023 OMR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2371.0792. Conversely, the yearly low was recorded on April 10, dropping to 2323.4981.

This high-to-low spread represents a total annual volatility of 47.5811 KPW. From a start-to-finish perspective, comparing the January average rate of 2337.8980 to the December average rate of 2337.7060, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2371.0792 was up 0.84% compared to the 2022 peak of 2351.3306, 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 11,855,396 KPW
2022 Average 11,688,367 KPW
Yearly Trough Low 11,617,490 KPW
Transaction Impact: A difference of 237,905.53 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2340.2401
2337.1850
JanuMarcMayJulySeptNove

OMR to KPW 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 2338.5497, compared to 2337.9900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5597 points.

H1 Avg (Jan–Jun) 2338.5497
H2 Avg (Jul–Dec) 2337.9900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 33.9996 KPW (High: 2371.0792 / Low: 2337.0796). On the other end, January was the most stable month, with a tight range of 2.6497 KPW (High: 2340.0388 / Low: 2337.3891).

March Spread (Volatile) ±33.9996
January Spread (Stable) ±2.6497

Growth Streaks & Declines

Trends

Between January and March, 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 1.6005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2339.9855) against the same month in 2022 (average: 2337.5327), the exchange rate shifted by +2.4528 (+0.10%).

2023 Avg (March) 2339.9855
2022 Avg (March) 2337.5327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2340.0388 2337.3891 2337.8980
February 2345.8454 2336.5638 2338.5507
March 2371.0792 2337.0796 2339.9855
April 2350.7164 2323.4981 2338.3850
May 2347.1913 2334.8544 2338.1907
June 2345.1974 2337.5409 2338.2882
July 2341.4390 2335.0180 2338.1174
August 2342.2190 2328.6020 2337.4396
September 2341.2502 2337.2738 2338.0497
October 2340.7692 2333.6194 2337.8999
November 2349.3235 2337.6623 2338.7273
December 2341.9691 2332.9782 2337.7060