2023 OMR to MVR Historical Review

YEARLY HIGH

40.5718 MVR

YEARLY LOW

39.6158 MVR

YEARLY AVERAGE

39.9342 MVR

2023 OMR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 40.5718. Conversely, the yearly low was recorded on November 13, dropping to 39.6158.

This high-to-low spread represents a total annual volatility of 0.9560 MVR. From a start-to-finish perspective, comparing the January average rate of 39.9630 to the December average rate of 39.9304, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.5718 was down 1.52% compared to the 2022 peak of 41.1962, 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 202,859 MVR

2022 Average 200,297 MVR

Yearly Trough Low 198,079 MVR

Transaction Impact: A difference of 4,779.78 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.0694

39.8443

JanuMarcMayJulySeptNove

OMR to MVR 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 39.9106, compared to 39.9579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 39.9106

H2 Avg (Jul–Dec) 39.9579

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7265 MVR (High: 40.5718 / Low: 39.8453). On the other end, February was the most stable month, with a tight range of 0.1669 MVR (High: 40.0097 / Low: 39.8428).

March Spread (Volatile) ±0.7265

February Spread (Stable) ±0.1669

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0782 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 39.9741) against the same month in 2022 (average: 40.1197), the exchange rate shifted by -0.1456 (-0.36%).

2023 Avg (March) 39.9741

2022 Avg (March) 40.1197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.0667	39.8444	39.9630
February	40.0097	39.8428	39.8948
March	40.5718	39.8453	39.9741
April	40.1189	39.6286	39.9024
May	40.0327	39.7363	39.8662
June	39.9249	39.7401	39.8630
July	40.0654	39.7677	39.9448
August	40.0129	39.7847	39.9240
September	40.1963	39.9284	40.0507
October	40.0532	39.8398	39.9725
November	40.3040	39.6158	39.9250
December	40.0214	39.8387	39.9304