2023 OMR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 OMR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the OMR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 19410.2488. Conversely, the yearly low was recorded on April 15, dropping to 18479.3440.
This high-to-low spread represents a total annual volatility of 930.9048 PYG. From a start-to-finish perspective, comparing the January average rate of 19161.1384 to the December average rate of 19113.2746, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 19410.2488 was up 1.68% compared to the 2022 peak of 19088.9281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
OMR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18827.9797, compared to 19040.0944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 212.1148 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 534.6864 PYG (High: 19409.3984 / Low: 18874.7120). On the other end, August was the most stable month, with a tight range of 149.9278 PYG (High: 18955.5160 / Low: 18805.5882).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 283.7116 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 19325.0950) against the same month in 2022 (average: 18646.7130), the exchange rate shifted by +678.3821 (+3.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19332.1336 | 18956.7815 | 19161.1384 |
| February | 19196.2443 | 18825.4591 | 18972.4422 |
| March | 18973.4944 | 18558.7936 | 18688.7305 |
| April | 18878.4200 | 18479.3440 | 18599.7940 |
| May | 18809.5657 | 18572.7100 | 18709.1142 |
| June | 18932.7168 | 18706.5075 | 18836.6587 |
| July | 18961.6080 | 18702.3398 | 18867.6363 |
| August | 18955.5160 | 18805.5882 | 18887.0128 |
| September | 19006.3118 | 18835.7938 | 18899.6976 |
| October | 19409.3984 | 18874.7120 | 19147.8502 |
| November | 19410.2488 | 19210.9380 | 19325.0950 |
| December | 19330.9921 | 18925.0364 | 19113.2746 |