2023 OMR to SAR Historical Review

YEARLY HIGH

9.8966 SAR

YEARLY LOW

9.6868 SAR

YEARLY AVERAGE

9.7469 SAR

2023 OMR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 9.8966. Conversely, the yearly low was recorded on April 10, dropping to 9.6868.

This high-to-low spread represents a total annual volatility of 0.2098 SAR. From a start-to-finish perspective, comparing the January average rate of 9.7574 to the December average rate of 9.7431, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.8966 was up 0.81% compared to the 2022 peak of 9.8173, 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 49,483 SAR

2022 Average 48,765 SAR

Yearly Trough Low 48,434 SAR

Transaction Impact: A difference of 1,049.14 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7645

9.7402

JanuMarcMayJulySeptNove

OMR to SAR 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 9.7502, compared to 9.7435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 9.7502

H2 Avg (Jul–Dec) 9.7435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1517 SAR (High: 9.8966 / Low: 9.7449). On the other end, September was the most stable month, with a tight range of 0.0097 SAR (High: 9.7512 / Low: 9.7415).

March Spread (Volatile) ±0.1517

September Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0163 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.7625) against the same month in 2022 (average: 9.7446), the exchange rate shifted by +0.0178 (+0.18%).

2023 Avg (March) 9.7625

2022 Avg (March) 9.7446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7760	9.7484	9.7574
February	9.7796	9.7363	9.7479
March	9.8966	9.7449	9.7625
April	9.8007	9.6868	9.7462
May	9.7818	9.7344	9.7434
June	9.7748	9.7399	9.7440
July	9.7590	9.7299	9.7442
August	9.7505	9.7077	9.7422
September	9.7512	9.7415	9.7434
October	9.7561	9.7252	9.7434
November	9.7652	9.7405	9.7449
December	9.7502	9.7344	9.7431