2023 OMR to RSD Historical Review

YEARLY HIGH

290.9897 RSD

YEARLY LOW

270.8436 RSD

YEARLY AVERAGE

281.6662 RSD

2023 OMR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 290.9897. Conversely, the yearly low was recorded on July 17, dropping to 270.8436.

This high-to-low spread represents a total annual volatility of 20.1461 RSD. From a start-to-finish perspective, comparing the January average rate of 282.6633 to the December average rate of 278.7996, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 290.9897 was down 8.40% compared to the 2022 peak of 317.6688, 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 1,454,949 RSD

2022 Average 1,450,606 RSD

Yearly Trough Low 1,354,218 RSD

Transaction Impact: A difference of 100,730.44 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

289.5955

274.1445

JanuMarcMayJulySeptNove

OMR to RSD 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 281.8803, compared to 281.4520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4283 points.

H1 Avg (Jan–Jun) 281.8803

H2 Avg (Jul–Dec) 281.4520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 13.0589 RSD (High: 289.9335 / Low: 276.8746). On the other end, August was the most stable month, with a tight range of 5.4911 RSD (High: 282.1158 / Low: 276.6247).

February Spread (Volatile) ±13.0589

August Spread (Stable) ±5.4911

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 March and April, when the average rate fell by 6.8856 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.8856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 288.3080) against the same month in 2022 (average: 309.7266), the exchange rate shifted by -21.4187 (-6.92%).

2023 Avg (October) 288.3080

2022 Avg (October) 309.7266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	289.7180	279.1875	282.6633
February	289.9335	276.8746	284.8976
March	288.8783	279.4355	284.6484
April	281.3243	275.2785	277.7627
May	284.7860	275.2246	280.3935
June	284.6276	277.2646	280.9164
July	280.5545	270.8436	275.4321
August	282.1158	276.6247	279.1912
September	289.9977	282.2657	285.3824
October	290.9897	285.2637	288.3080
November	287.5494	276.8478	281.5988
December	282.7958	274.0293	278.7996