2023 OMR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 OMR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the OMR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 1567.3736. Conversely, the yearly low was recorded on November 20, dropping to 1418.3808.
This high-to-low spread represents a total annual volatility of 148.9929 SDG. From a start-to-finish perspective, comparing the January average rate of 1498.4606 to the December average rate of 1561.0681, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1567.3736 was up 4.15% compared to the 2022 peak of 1504.8516, 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 SDG 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 1537.9654, compared to 1560.4771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.5117 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 146.5297 SDG (High: 1564.9105 / Low: 1418.3808). On the other end, September was the most stable month, with a tight range of 4.9913 SDG (High: 1564.7356 / Low: 1559.7443).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.4735 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 1562.0199) against the same month in 2022 (average: 1185.0020), the exchange rate shifted by +377.0179 (+31.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1513.3958 | 1477.4556 | 1498.4606 |
| February | 1532.6190 | 1515.4506 | 1521.5902 |
| March | 1563.5950 | 1477.4901 | 1533.2518 |
| April | 1566.0726 | 1486.9744 | 1553.4253 |
| May | 1563.6524 | 1554.4405 | 1559.0448 |
| June | 1567.3736 | 1559.6795 | 1562.0199 |
| July | 1564.8618 | 1557.9759 | 1561.5315 |
| August | 1564.0818 | 1556.2823 | 1561.7698 |
| September | 1564.7356 | 1559.7443 | 1561.9904 |
| October | 1564.4141 | 1558.4335 | 1560.9881 |
| November | 1564.9105 | 1418.3808 | 1555.5146 |
| December | 1563.9149 | 1557.9110 | 1561.0681 |