2023 OMR to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 OMR to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the OMR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 54737.9330. Conversely, the yearly low was recorded on April 10, dropping to 45605.1034.
This high-to-low spread represents a total annual volatility of 9132.8295 SLL. From a start-to-finish perspective, comparing the January average rate of 45887.7422 to the December average rate of 54467.2503, the exchange rate registered a net change of 18.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 54737.9330 was up 19.08% compared to the 2022 peak of 45966.0946, 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 SLL 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 45900.5337, compared to 53227.7304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7327.1967 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 8723.0145 SLL (High: 54554.2290 / Low: 45831.2145). On the other end, January was the most stable month, with a tight range of 52.0079 SLL (High: 45929.7624 / Low: 45877.7545).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 31.4133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 54491.0469) against the same month in 2022 (average: 45788.7298), the exchange rate shifted by +8702.3170 (+19.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45929.7624 | 45877.7545 | 45887.7422 |
| February | 46043.7318 | 45861.5560 | 45900.5531 |
| March | 46539.0148 | 45871.6788 | 45928.7150 |
| April | 46139.3400 | 45605.1034 | 45897.3018 |
| May | 46070.1497 | 45828.0042 | 45893.4881 |
| June | 46031.0139 | 45880.7335 | 45895.4021 |
| July | 54554.2290 | 45831.2145 | 47000.0119 |
| August | 54572.4019 | 54255.1320 | 54461.0439 |
| September | 54549.8296 | 54457.1811 | 54475.2597 |
| October | 54538.6214 | 54372.0360 | 54471.7698 |
| November | 54737.9330 | 54466.2338 | 54491.0469 |
| December | 54566.5796 | 54357.0960 | 54467.2503 |