YEARLY HIGH
11.6659 PLN
YEARLY LOW
10.1056 PLN
YEARLY AVERAGE
10.9107 PLN

2023 OMR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 11.6659. Conversely, the yearly low was recorded on December 27, dropping to 10.1056.

This high-to-low spread represents a total annual volatility of 1.5603 PLN. From a start-to-finish perspective, comparing the January average rate of 11.2610 to the December average rate of 10.3023, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.6659 was down 10.22% compared to the 2022 peak of 12.9936, 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 58,330 PLN
2022 Average 57,903 PLN
Yearly Trough Low 50,528 PLN
Transaction Impact: A difference of 7,801.71 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6410
10.1806
JanuMarcMayJulySeptNove

OMR to PLN 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 11.1184, compared to 10.7029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4155 points.

H1 Avg (Jan–Jun) 11.1184
H2 Avg (Jul–Dec) 10.7029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.8121 PLN (High: 11.5592 / Low: 10.7472). On the other end, May was the most stable month, with a tight range of 0.3113 PLN (High: 10.9964 / Low: 10.6850).

January Spread (Volatile) ±0.8121
May Spread (Stable) ±0.3113

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.5175 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.5193) against the same month in 2022 (average: 10.4520), the exchange rate shifted by +1.0673 (+10.21%).

2023 Avg (February) 11.5193
2022 Avg (February) 10.4520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5592 10.7472 11.2610
February 11.6659 11.0913 11.5193
March 11.6139 11.1366 11.3929
April 11.2518 10.7716 10.9943
May 10.9964 10.6850 10.8561
June 10.9242 10.4832 10.6868
July 10.6966 10.2585 10.4416
August 10.7681 10.4480 10.6145
September 11.4551 10.7656 11.1949
October 11.4866 10.8583 11.0909
November 10.9664 10.1973 10.5734
December 10.4627 10.1056 10.3023