2023 OMR to QAR Historical Review

YEARLY HIGH

9.5923 QAR

YEARLY LOW

9.3476 QAR

YEARLY AVERAGE

9.4657 QAR

2023 OMR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 9.5923. Conversely, the yearly low was recorded on April 29, dropping to 9.3476.

This high-to-low spread represents a total annual volatility of 0.2447 QAR. From a start-to-finish perspective, comparing the January average rate of 9.4658 to the December average rate of 9.4668, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.5923 was up 0.45% compared to the 2022 peak of 9.5497, 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 47,962 QAR

2022 Average 47,321 QAR

Yearly Trough Low 46,738 QAR

Transaction Impact: A difference of 1,223.44 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.4841

9.4547

JanuMarcMayJulySeptNove

OMR to QAR 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 9.4697, compared to 9.4617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 9.4697

H2 Avg (Jul–Dec) 9.4617

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.2101 QAR (High: 9.5578 / Low: 9.3476). On the other end, September was the most stable month, with a tight range of 0.0202 QAR (High: 9.4758 / Low: 9.4556).

April Spread (Volatile) ±0.2101

September Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.4816) against the same month in 2022 (average: 9.4579), the exchange rate shifted by +0.0237 (+0.25%).

2023 Avg (March) 9.4816

2022 Avg (March) 9.4579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5230	9.4560	9.4658
February	9.5838	9.4097	9.4763
March	9.5923	9.4548	9.4816
April	9.5578	9.3476	9.4715
May	9.4992	9.4425	9.4596
June	9.5072	9.4559	9.4631
July	9.4719	9.4237	9.4575
August	9.4946	9.4567	9.4643
September	9.4758	9.4556	9.4611
October	9.4871	9.4408	9.4633
November	9.4944	9.4032	9.4571
December	9.5089	9.4515	9.4668