2023 OMR to KRW Historical Review

YEARLY HIGH

3532.6272 KRW

YEARLY LOW

3174.4599 KRW

YEARLY AVERAGE

3393.3978 KRW

2023 OMR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 3532.6272. Conversely, the yearly low was recorded on February 1, dropping to 3174.4599.

This high-to-low spread represents a total annual volatility of 358.1673 KRW. From a start-to-finish perspective, comparing the January average rate of 3227.7661 to the December average rate of 3380.3907, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3532.6272 was down 5.87% compared to the 2022 peak of 3753.0969, 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 17,663,136 KRW

2022 Average 16,775,422 KRW

Yearly Trough Low 15,872,300 KRW

Transaction Impact: A difference of 1,790,836.35 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3535.6674

3199.7750

JanuMarcMayJulySeptNove

OMR to KRW 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 3365.9910, compared to 3420.8045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.8134 points.

H1 Avg (Jan–Jun) 3365.9910

H2 Avg (Jul–Dec) 3420.8045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 258.9853 KRW (High: 3433.4452 / Low: 3174.4599). On the other end, October was the most stable month, with a tight range of 55.0633 KRW (High: 3532.6272 / Low: 3477.5638).

February Spread (Volatile) ±258.9853

October Spread (Stable) ±55.0633

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 112.2549 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -112.2549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 3507.6763) against the same month in 2022 (average: 3709.0942), the exchange rate shifted by -201.4179 (-5.43%).

2023 Avg (October) 3507.6763

2022 Avg (October) 3709.0942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3323.1299	3194.5949	3227.7661
February	3433.4452	3174.4599	3325.4629
March	3447.9443	3342.1478	3393.2075
April	3489.3967	3380.9516	3433.5973
May	3498.7320	3413.5343	3450.0174
June	3437.5057	3293.6203	3365.8952
July	3422.5006	3287.3470	3338.3947
August	3490.1595	3349.2289	3437.6621
September	3517.7595	3424.5632	3465.2817
October	3532.6272	3477.5638	3507.6763
November	3502.4314	3345.6973	3395.4214
December	3422.4935	3340.7326	3380.3907