2023 OMR to NPR Historical Review

YEARLY HIGH

347.5264 NPR

YEARLY LOW

336.8043 NPR

YEARLY AVERAGE

343.1453 NPR

2023 OMR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 347.5264. Conversely, the yearly low was recorded on April 30, dropping to 336.8043.

This high-to-low spread represents a total annual volatility of 10.7220 NPR. From a start-to-finish perspective, comparing the January average rate of 340.0842 to the December average rate of 346.2756, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 347.5264 was up 0.50% compared to the 2022 peak of 345.7816, 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 1,737,632 NPR

2022 Average 1,632,796 NPR

Yearly Trough Low 1,684,022 NPR

Transaction Impact: A difference of 53,610.22 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

346.8948

339.4650

JanuMarcMayJulySeptNove

OMR to NPR 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 341.5965, compared to 344.6942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0977 points.

H1 Avg (Jan–Jun) 341.5965

H2 Avg (Jul–Dec) 344.6942

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.6881 NPR (High: 344.6500 / Low: 336.9619). On the other end, November was the most stable month, with a tight range of 2.2145 NPR (High: 346.5992 / Low: 344.3847).

January Spread (Volatile) ±7.6881

November Spread (Stable) ±2.2145

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.5405 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.5405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 346.2756) against the same month in 2022 (average: 342.7287), the exchange rate shifted by +3.5469 (+1.03%).

2023 Avg (December) 346.2756

2022 Avg (December) 342.7287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	344.6500	336.9619	340.0842
February	344.9153	340.0960	343.3753
March	344.3643	338.9367	341.9867
April	342.3280	336.8043	340.4462
May	344.2313	338.8838	342.0333
June	343.6898	339.6645	341.6534
July	344.2423	338.9961	341.2610
August	346.5551	341.5290	344.1067
September	346.1537	343.8606	345.0242
October	346.2824	343.7413	345.5937
November	346.5992	344.3847	345.9037
December	347.5264	345.1469	346.2756