2023 OMR to MXN Historical Review

YEARLY HIGH

50.6808 MXN

YEARLY LOW

43.3496 MXN

YEARLY AVERAGE

46.0823 MXN

2023 OMR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 50.6808. Conversely, the yearly low was recorded on July 29, dropping to 43.3496.

This high-to-low spread represents a total annual volatility of 7.3312 MXN. From a start-to-finish perspective, comparing the January average rate of 49.2638 to the December average rate of 44.5891, the exchange rate registered a net change of -9.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.6808 was down 8.68% compared to the 2022 peak of 55.4988, 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 253,404 MXN

2022 Average 261,133 MXN

Yearly Trough Low 216,748 MXN

Transaction Impact: A difference of 36,656.05 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.7944

43.4266

JanuMarcMayJulySeptNove

OMR to MXN 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 47.2083, compared to 44.9564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2519 points.

H1 Avg (Jan–Jun) 47.2083

H2 Avg (Jul–Dec) 44.9564

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.1879 MXN (High: 49.8295 / Low: 46.6416). On the other end, April was the most stable month, with a tight range of 0.8615 MXN (High: 47.5647 / Low: 46.7032).

March Spread (Volatile) ±3.1879

April Spread (Stable) ±0.8615

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 1.8324 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 49.2638) against the same month in 2022 (average: 53.2536), the exchange rate shifted by -3.9898 (-7.49%).

2023 Avg (January) 49.2638

2022 Avg (January) 53.2536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.6808	48.4555	49.2638
February	49.7997	47.5396	48.3216
March	49.8295	46.6416	47.8584
April	47.5647	46.7032	46.9437
May	46.6913	45.3207	46.0567
June	45.6868	44.3658	44.8053
July	44.7728	43.3496	43.9572
August	45.0312	43.4503	44.1169
September	45.9443	44.3314	44.9365
October	47.6538	45.1879	46.9855
November	46.2249	44.4577	45.1530
December	45.3935	43.9700	44.5891