YEARLY HIGH
1493.2296 SOS
YEARLY LOW
1463.8072 SOS
YEARLY AVERAGE
1479.1581 SOS

2023 OMR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1493.2296. Conversely, the yearly low was recorded on February 18, dropping to 1463.8072.

This high-to-low spread represents a total annual volatility of 29.4224 SOS. From a start-to-finish perspective, comparing the January average rate of 1477.2902 to the December average rate of 1485.0667, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1493.2296 was down 1.89% compared to the 2022 peak of 1522.0186, 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 7,466,148 SOS
2022 Average 7,473,026 SOS
Yearly Trough Low 7,319,036 SOS
Transaction Impact: A difference of 147,111.89 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1485.9742
1475.0839
JanuMarcMayJulySeptNove

OMR to SOS 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 1477.0566, compared to 1481.2597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2031 points.

H1 Avg (Jan–Jun) 1477.0566
H2 Avg (Jul–Dec) 1481.2597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 29.4224 SOS (High: 1493.2296 / Low: 1463.8072). On the other end, January was the most stable month, with a tight range of 7.9406 SOS (High: 1479.9574 / Low: 1472.0169).

February Spread (Volatile) ±29.4224
January Spread (Stable) ±7.9406

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8323 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1477.6030) against the same month in 2022 (average: 1510.2424), the exchange rate shifted by -32.6394 (-2.16%).

2023 Avg (February) 1477.6030
2022 Avg (February) 1510.2424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1479.9574 1472.0169 1477.2902
February 1493.2296 1463.8072 1477.6030
March 1492.5059 1468.7256 1476.7708
April 1480.2007 1466.5255 1475.9915
May 1483.7270 1472.1637 1477.1537
June 1482.1505 1467.3224 1477.5306
July 1479.8805 1467.6645 1477.5594
August 1483.1813 1468.2444 1478.3101
September 1488.2649 1476.6272 1481.0782
October 1486.1476 1475.1635 1482.9727
November 1485.7012 1472.4199 1482.5709
December 1492.7589 1483.1169 1485.0667