2023 OMR to MWK Historical Review

YEARLY HIGH

4396.5789 MWK

YEARLY LOW

2627.6043 MWK

YEARLY AVERAGE

2951.5012 MWK

2023 OMR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 4396.5789. Conversely, the yearly low was recorded on March 10, dropping to 2627.6043.

This high-to-low spread represents a total annual volatility of 1768.9745 MWK. From a start-to-finish perspective, comparing the January average rate of 2657.8383 to the December average rate of 4375.3004, the exchange rate registered a net change of 64.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4396.5789 was up 63.93% compared to the 2022 peak of 2681.9243, 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 21,982,894 MWK

2022 Average 12,123,807 MWK

Yearly Trough Low 13,138,022 MWK

Transaction Impact: A difference of 8,844,872.75 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4547.0466

2486.0920

JanuMarcMayJulySeptNove

OMR to MWK 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 2663.5946, compared to 3239.4078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 575.8132 points.

H1 Avg (Jan–Jun) 2663.5946

H2 Avg (Jul–Dec) 3239.4078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1480.4420 MWK (High: 4376.1194 / Low: 2895.6774). On the other end, May was the most stable month, with a tight range of 20.6440 MWK (High: 2673.8976 / Low: 2653.2536).

November Spread (Volatile) ±1480.4420

May Spread (Stable) ±20.6440

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.1145 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -8.1145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4375.3004) against the same month in 2022 (average: 2662.9334), the exchange rate shifted by +1712.3670 (+64.30%).

2023 Avg (December) 4375.3004

2022 Avg (December) 2662.9334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2670.0873	2631.0235	2657.8383
February	2691.0592	2642.7957	2666.7477
March	2727.9546	2627.6043	2669.6164
April	2668.8034	2644.1319	2661.5019
May	2673.8976	2653.2536	2663.6513
June	2736.6271	2638.4384	2662.2121
July	2737.6758	2711.2154	2731.2894
August	2834.8342	2711.0648	2792.9109
September	2884.4231	2726.9474	2817.4909
October	3013.0240	2809.6091	2980.7829
November	4376.1194	2895.6774	3738.6724
December	4396.5789	4367.9763	4375.3004