2023 OMR to PEN Historical Review

YEARLY HIGH

10.1341 PEN

YEARLY LOW

9.2428 PEN

YEARLY AVERAGE

9.7178 PEN

2023 OMR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 10.1341. Conversely, the yearly low was recorded on July 17, dropping to 9.2428.

This high-to-low spread represents a total annual volatility of 0.8913 PEN. From a start-to-finish perspective, comparing the January average rate of 9.9315 to the December average rate of 9.7047, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.1341 was down 2.43% compared to the 2022 peak of 10.3866, 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 50,670 PEN

2022 Average 49,784 PEN

Yearly Trough Low 46,214 PEN

Transaction Impact: A difference of 4,456.59 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0346

9.2860

JanuMarcMayJulySeptNove

OMR to PEN 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 9.7547, compared to 9.6809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0738 points.

H1 Avg (Jan–Jun) 9.7547

H2 Avg (Jul–Dec) 9.6809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3477 PEN (High: 10.1341 / Low: 9.7864). On the other end, March was the most stable month, with a tight range of 0.1403 PEN (High: 9.8923 / Low: 9.7520).

January Spread (Volatile) ±0.3477

March Spread (Stable) ±0.1403

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 April and May, when the average rate fell by 0.1913 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 9.9315) against the same month in 2022 (average: 10.1135), the exchange rate shifted by -0.1820 (-1.80%).

2023 Avg (January) 9.9315

2022 Avg (January) 10.1135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1341	9.7864	9.9315
February	10.1159	9.8778	9.9716
March	9.8923	9.7520	9.8204
April	9.8310	9.5985	9.7616
May	9.6605	9.4762	9.5703
June	9.6132	9.3683	9.4726
July	9.4631	9.2428	9.3484
August	9.6897	9.3673	9.5877
September	9.8695	9.5933	9.6741
October	10.0743	9.8519	9.9722
November	9.9982	9.6840	9.7984
December	9.8371	9.5895	9.7047