YEARLY HIGH
54737.9330 SLL
YEARLY LOW
45605.1034 SLL
YEARLY AVERAGE
49564.1321 SLL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 OMR based on timing:

Yearly Peak High 273,689,665 SLL
2022 Average 178,278,577 SLL
Yearly Trough Low 228,025,517 SLL
Transaction Impact: A difference of 45,664,147.63 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55351.3773
45027.4118
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 45900.5337
H2 Avg (Jul–Dec) 53227.7304

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±8723.0145
January Spread (Stable) ±52.0079

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -31.4133

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (November) 54491.0469
2022 Avg (November) 45788.7298

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