2023 OMR to RON Historical Review

YEARLY HIGH

12.3436 RON

YEARLY LOW

11.4174 RON

YEARLY AVERAGE

11.8843 RON

2023 OMR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 12.3436. Conversely, the yearly low was recorded on July 15, dropping to 11.4174.

This high-to-low spread represents a total annual volatility of 0.9262 RON. From a start-to-finish perspective, comparing the January average rate of 11.8663 to the December average rate of 11.8224, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.3436 was down 7.78% compared to the 2022 peak of 13.3847, 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 61,718 RON

2022 Average 60,892 RON

Yearly Trough Low 57,087 RON

Transaction Impact: A difference of 4,631.19 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.2735

11.5496

JanuMarcMayJulySeptNove

OMR to RON 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 11.8625, compared to 11.9060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0435 points.

H1 Avg (Jan–Jun) 11.8625

H2 Avg (Jul–Dec) 11.9060

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5801 RON (High: 12.1572 / Low: 11.5772). On the other end, August was the most stable month, with a tight range of 0.2370 RON (High: 11.8762 / Low: 11.6392).

February Spread (Volatile) ±0.5801

August Spread (Stable) ±0.2370

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 June and July, when the average rate fell by 0.2778 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.2132) against the same month in 2022 (average: 13.0124), the exchange rate shifted by -0.7992 (-6.14%).

2023 Avg (October) 12.2132

2022 Avg (October) 13.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1726	11.6263	11.8663
February	12.1572	11.5772	11.9197
March	12.1589	11.7554	11.9632
April	11.9023	11.5891	11.7017
May	12.0490	11.5645	11.8365
June	12.0732	11.7315	11.8877
July	11.8437	11.4174	11.6099
August	11.8762	11.6392	11.7663
September	12.2997	11.9042	12.0845
October	12.3436	12.1002	12.2132
November	12.1937	11.7346	11.9396
December	11.9972	11.6348	11.8224