2023 OMR to MOP Historical Review

YEARLY HIGH

21.2263 MOP

YEARLY LOW

20.7226 MOP

YEARLY AVERAGE

20.9429 MOP

2023 OMR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 21.2263. Conversely, the yearly low was recorded on July 12, dropping to 20.7226.

This high-to-low spread represents a total annual volatility of 0.5037 MOP. From a start-to-finish perspective, comparing the January average rate of 20.9224 to the December average rate of 20.9183, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.2263 was up 0.36% compared to the 2022 peak of 21.1511, 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 106,132 MOP

2022 Average 104,747 MOP

Yearly Trough Low 103,613 MOP

Transaction Impact: A difference of 2,518.64 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.0161

20.8582

JanuMarcMayJulySeptNove

OMR to MOP 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 20.9711, compared to 20.9146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0565 points.

H1 Avg (Jan–Jun) 20.9711

H2 Avg (Jul–Dec) 20.9146

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3680 MOP (High: 21.2263 / Low: 20.8584). On the other end, January was the most stable month, with a tight range of 0.1378 MOP (High: 20.9699 / Low: 20.8321).

February Spread (Volatile) ±0.3680

January Spread (Stable) ±0.1378

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0635 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 21.0030) against the same month in 2022 (average: 20.8631), the exchange rate shifted by +0.1399 (+0.67%).

2023 Avg (February) 21.0030

2022 Avg (February) 20.8631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9699	20.8321	20.9224
February	21.2263	20.8584	21.0030
March	21.0542	20.8888	20.9893
April	21.0328	20.8068	20.9864
May	21.0827	20.8799	20.9679
June	21.0772	20.8855	20.9578
July	20.9803	20.7226	20.8942
August	21.0076	20.7452	20.9319
September	21.0101	20.8489	20.9471
October	20.9811	20.8245	20.9247
November	20.9357	20.7663	20.8714
December	21.0205	20.8507	20.9183