YEARLY HIGH
9191.3013 MNT
YEARLY LOW
8845.1021 MNT
YEARLY AVERAGE
8994.0187 MNT

2023 OMR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 9191.3013. Conversely, the yearly low was recorded on February 19, dropping to 8845.1021.

This high-to-low spread represents a total annual volatility of 346.1992 MNT. From a start-to-finish perspective, comparing the January average rate of 8850.1525 to the December average rate of 8961.2062, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9191.3013 was up 3.68% compared to the 2022 peak of 8865.2640, 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 45,956,507 MNT
2022 Average 40,574,836 MNT
Yearly Trough Low 44,225,510 MNT
Transaction Impact: A difference of 1,730,996.11 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9172.3788
8820.8592
JanuMarcMayJulySeptNove

OMR to MNT 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 8999.7224, compared to 8988.3151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4074 points.

H1 Avg (Jan–Jun) 8999.7224
H2 Avg (Jul–Dec) 8988.3151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 291.9472 MNT (High: 9139.0016 / Low: 8847.0544). On the other end, January was the most stable month, with a tight range of 10.0305 MNT (High: 8858.2567 / Low: 8848.2262).

March Spread (Volatile) ±291.9472
January Spread (Stable) ±10.0305

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 158.7189 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -158.7189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 9143.0855) against the same month in 2022 (average: 7735.9573), the exchange rate shifted by +1407.1282 (+18.19%).

2023 Avg (April) 9143.0855
2022 Avg (April) 7735.9573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8858.2567 8848.2262 8850.1525
February 8880.2375 8845.1021 8852.6233
March 9139.0016 8847.0544 8867.4405
April 9191.3013 9084.8774 9143.0855
May 9177.5181 9129.2809 9142.3258
June 9169.7219 9139.7849 9142.7070
July 9152.8360 8961.0390 9118.9040
August 8978.5062 8926.3075 8960.1851
September 8974.7925 8959.5496 8962.5239
October 8972.9485 8945.5411 8961.9498
November 9005.7402 8961.0390 8965.1213
December 8977.5483 8943.0831 8961.2062