2023 OMR to PKR Historical Review

YEARLY HIGH

800.2559 PKR

YEARLY LOW

588.8768 PKR

YEARLY AVERAGE

726.0776 PKR

2023 OMR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 800.2559. Conversely, the yearly low was recorded on January 2, dropping to 588.8768.

This high-to-low spread represents a total annual volatility of 211.3790 PKR. From a start-to-finish perspective, comparing the January average rate of 607.1779 to the December average rate of 732.5544, the exchange rate registered a net change of 20.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 800.2559 was up 28.02% compared to the 2022 peak of 625.1248, 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 4,001,279 PKR

2022 Average 2,657,688 PKR

Yearly Trough Low 2,944,384 PKR

Transaction Impact: A difference of 1,056,895.23 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

790.0341

590.5546

JanuMarcMayJulySeptNove

OMR to PKR 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 708.1962, compared to 743.9591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.7629 points.

H1 Avg (Jan–Jun) 708.1962

H2 Avg (Jul–Dec) 743.9591

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 107.1612 PKR (High: 696.0380 / Low: 588.8768). On the other end, June was the most stable month, with a tight range of 6.2954 PKR (High: 746.9206 / Low: 740.6253).

January Spread (Volatile) ±107.1612

June Spread (Stable) ±6.2954

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 47.6532 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -47.6532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 773.4108) against the same month in 2022 (average: 598.7590), the exchange rate shifted by +174.6517 (+29.17%).

2023 Avg (September) 773.4108

2022 Avg (September) 598.7590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	696.0380	588.8768	607.1779
February	716.1520	651.9364	689.7705
March	737.0414	680.7027	728.3702
April	749.6152	724.8750	737.0003
May	767.9859	735.1396	742.2492
June	746.9206	740.6253	744.6091
July	747.3084	707.4480	731.5881
August	791.3718	736.4494	762.1966
September	800.2559	747.1294	773.4108
October	750.1991	714.4098	725.7576
November	749.0817	723.1707	738.2470
December	740.8672	722.7334	732.5544