2023 OMR to LKR Historical Review

YEARLY HIGH

958.7539 LKR

YEARLY LOW

753.9339 LKR

YEARLY AVERAGE

853.7799 LKR

2023 OMR to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 958.7539. Conversely, the yearly low was recorded on June 2, dropping to 753.9339.

This high-to-low spread represents a total annual volatility of 204.8200 LKR. From a start-to-finish perspective, comparing the January average rate of 950.0108 to the December average rate of 848.6880, the exchange rate registered a net change of -10.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 958.7539 was down 0.04% compared to the 2022 peak of 959.1824, 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 4,793,770 LKR

2022 Average 4,209,797 LKR

Yearly Trough Low 3,769,669 LKR

Transaction Impact: A difference of 1,024,100.23 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

966.3783

769.9684

JanuMarcMayJulySeptNove

OMR to LKR 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 865.9839, compared to 841.5760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.4078 points.

H1 Avg (Jan–Jun) 865.9839

H2 Avg (Jul–Dec) 841.5760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 118.2674 LKR (High: 948.5656 / Low: 830.2982). On the other end, November was the most stable month, with a tight range of 7.8709 LKR (High: 855.5107 / Low: 847.6398).

March Spread (Volatile) ±118.2674

November Spread (Stable) ±7.8709

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 February and March, when the average rate fell by 79.1226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -79.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 948.5815) against the same month in 2022 (average: 525.8938), the exchange rate shifted by +422.6877 (+80.38%).

2023 Avg (February) 948.5815

2022 Avg (February) 525.8938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	955.3493	944.7693	950.0108
February	958.7539	939.9911	948.5815
March	948.5656	830.2982	869.4589
April	857.1746	824.5282	836.5067
May	834.6121	763.5074	805.0093
June	831.3436	753.9339	786.3359
July	862.8051	795.1894	829.6453
August	843.6865	819.3401	835.6660
September	846.5450	831.2274	839.5860
October	851.9159	836.6278	844.1495
November	855.5107	847.6398	851.7213
December	854.1032	840.8148	848.6880