2023 OMR to NAD Historical Review

YEARLY HIGH

52.4843 NAD

YEARLY LOW

43.6729 NAD

YEARLY AVERAGE

48.0632 NAD

2023 OMR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 52.4843. Conversely, the yearly low was recorded on January 12, dropping to 43.6729.

This high-to-low spread represents a total annual volatility of 8.8114 NAD. From a start-to-finish perspective, comparing the January average rate of 44.3672 to the December average rate of 48.5346, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.4843 was up 9.64% compared to the 2022 peak of 47.8695, 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 262,422 NAD

2022 Average 211,810 NAD

Yearly Trough Low 218,365 NAD

Transaction Impact: A difference of 44,056.79 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.5908

43.8014

JanuMarcMayJulySeptNove

OMR to NAD 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 47.3059, compared to 48.8206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5147 points.

H1 Avg (Jan–Jun) 47.3059

H2 Avg (Jul–Dec) 48.8206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 4.7261 NAD (High: 52.0072 / Low: 47.2811). On the other end, January was the most stable month, with a tight range of 1.2106 NAD (High: 44.8836 / Low: 43.6729).

November Spread (Volatile) ±4.7261

January Spread (Stable) ±1.2106

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 1.3025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 50.0250) against the same month in 2022 (average: 47.0142), the exchange rate shifted by +3.0108 (+6.40%).

2023 Avg (October) 50.0250

2022 Avg (October) 47.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.8836	43.6729	44.3672
February	47.9856	44.2899	46.4613
March	48.5281	46.4352	47.5223
April	47.8146	46.0941	47.2266
May	51.2193	47.4507	49.5870
June	51.2205	47.2323	48.6708
July	48.9986	45.7922	47.4047
August	51.5102	47.4810	48.9466
September	49.9229	48.7007	49.2901
October	52.4843	48.7545	50.0250
November	52.0072	47.2811	48.7224
December	49.6001	47.3854	48.5346