2023 OMR to SEK Historical Review

YEARLY HIGH

29.1722 SEK

YEARLY LOW

25.8286 SEK

YEARLY AVERAGE

27.5719 SEK

2023 OMR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 29.1722. Conversely, the yearly low was recorded on December 27, dropping to 25.8286.

This high-to-low spread represents a total annual volatility of 3.3437 SEK. From a start-to-finish perspective, comparing the January average rate of 26.9914 to the December average rate of 26.6065, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.1722 was down 1.24% compared to the 2022 peak of 29.5372, 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 145,861 SEK

2022 Average 131,430 SEK

Yearly Trough Low 129,143 SEK

Transaction Impact: A difference of 16,718.35 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.0370

26.3856

JanuMarcMayJulySeptNove

OMR to SEK 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 27.2604, compared to 27.8834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6230 points.

H1 Avg (Jan–Jun) 27.2604

H2 Avg (Jul–Dec) 27.8834

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.1987 SEK (High: 28.9918 / Low: 26.7930). On the other end, September was the most stable month, with a tight range of 0.7029 SEK (High: 29.0664 / Low: 28.3636).

November Spread (Volatile) ±2.1987

September Spread (Stable) ±0.7029

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 November and December, when the average rate fell by 1.1419 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 28.6391) against the same month in 2022 (average: 28.9115), the exchange rate shifted by -0.2724 (-0.94%).

2023 Avg (October) 28.6391

2022 Avg (October) 28.9115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7610	26.4861	26.9914
February	27.5736	26.7839	27.1702
March	28.0313	26.7567	27.3246
April	27.3419	26.6054	26.8848
May	28.2231	26.3552	27.2309
June	28.3527	27.5473	27.9606
July	28.4483	26.4538	27.3519
August	28.7113	27.4569	28.1386
September	29.0664	28.3636	28.8160
October	29.1722	28.2441	28.6391
November	28.9918	26.7930	27.7484
December	27.2484	25.8286	26.6065