YEARLY HIGH
49.9962 MDL
YEARLY LOW
44.9337 MDL
YEARLY AVERAGE
47.0272 MDL

2023 OMR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 49.9962. Conversely, the yearly low was recorded on July 21, dropping to 44.9337.

This high-to-low spread represents a total annual volatility of 5.0626 MDL. From a start-to-finish perspective, comparing the January average rate of 49.3325 to the December average rate of 45.7305, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.9962 was down 1.70% compared to the 2022 peak of 50.8609, 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 249,981 MDL
2022 Average 245,070 MDL
Yearly Trough Low 224,668 MDL
Transaction Impact: A difference of 25,312.96 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.6927
45.3703
JanuMarcMayJulySeptNove

OMR to MDL 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 47.6687, compared to 46.3857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2829 points.

H1 Avg (Jan–Jun) 47.6687
H2 Avg (Jul–Dec) 46.3857

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.7101 MDL (High: 47.6437 / Low: 44.9337). On the other end, October was the most stable month, with a tight range of 0.6664 MDL (High: 47.4223 / Low: 46.7559).

July Spread (Volatile) ±2.7101
October Spread (Stable) ±0.6664

Growth Streaks & Declines

Trends

Between August and October, 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 1.5094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 49.3325) against the same month in 2022 (average: 46.5472), the exchange rate shifted by +2.7854 (+5.98%).

2023 Avg (January) 49.3325
2022 Avg (January) 46.5472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.9962 48.6037 49.3325
February 49.1613 48.3394 48.7750
March 49.0360 47.5303 48.3759
April 47.5841 46.4572 46.8665
May 46.5264 45.8566 46.1583
June 47.5342 46.0900 46.5037
July 47.6437 44.9337 46.4961
August 46.2874 45.4575 45.9146
September 47.5273 46.1805 46.6952
October 47.4223 46.7559 47.0991
November 47.0689 45.8948 46.3789
December 46.5791 44.9358 45.7305