2023 OMR to NIO Historical Review

YEARLY HIGH

95.7041 NIO

YEARLY LOW

94.3284 NIO

YEARLY AVERAGE

94.9655 NIO

2023 OMR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 95.7041. Conversely, the yearly low was recorded on February 19, dropping to 94.3284.

This high-to-low spread represents a total annual volatility of 1.3757 NIO. From a start-to-finish perspective, comparing the January average rate of 94.7607 to the December average rate of 95.2439, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 95.7041 was down 1.26% compared to the 2022 peak of 96.9302, 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 478,520 NIO

2022 Average 465,842 NIO

Yearly Trough Low 471,642 NIO

Transaction Impact: A difference of 6,878.25 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

95.2922

94.7123

JanuMarcMayJulySeptNove

OMR to NIO 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 94.8778, compared to 95.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1755 points.

H1 Avg (Jan–Jun) 94.8778

H2 Avg (Jul–Dec) 95.0533

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.3757 NIO (High: 95.7041 / Low: 94.3284). On the other end, August was the most stable month, with a tight range of 0.3949 NIO (High: 95.2780 / Low: 94.8831).

February Spread (Volatile) ±1.3757

August Spread (Stable) ±0.3949

Growth Streaks & Declines

Trends

Between January and March, 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 0.0649 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 94.8204) against the same month in 2022 (average: 92.1293), the exchange rate shifted by +2.6911 (+2.92%).

2023 Avg (February) 94.8204

2022 Avg (February) 92.1293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	94.9891	94.4928	94.7607
February	95.7041	94.3284	94.8204
March	95.2755	94.4912	94.8938
April	95.1215	94.3400	94.8794
May	95.3558	94.7418	94.9388
June	95.4094	94.8231	94.9735
July	95.0701	94.4572	94.9086
August	95.2780	94.8831	95.0176
September	95.2903	94.7145	95.0254
October	95.1938	94.4477	95.0253
November	95.5344	94.6150	95.0989
December	95.5456	95.0429	95.2439