2023 OMR to SRD Historical Review

YEARLY HIGH

100.3185 SRD

YEARLY LOW

81.9669 SRD

YEARLY AVERAGE

95.0673 SRD

2023 OMR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 100.3185. Conversely, the yearly low was recorded on January 7, dropping to 81.9669.

This high-to-low spread represents a total annual volatility of 18.3516 SRD. From a start-to-finish perspective, comparing the January average rate of 82.6468 to the December average rate of 97.0517, the exchange rate registered a net change of 17.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 100.3185 was up 20.84% compared to the 2022 peak of 83.0193, 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 501,592 SRD

2022 Average 314,736 SRD

Yearly Trough Low 409,834 SRD

Transaction Impact: A difference of 91,757.78 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

101.1812

80.9619

JanuMarcMayJulySeptNove

OMR to SRD 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 91.3917, compared to 98.7429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3511 points.

H1 Avg (Jan–Jun) 91.3917

H2 Avg (Jul–Dec) 98.7429

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.6747 SRD (High: 93.7468 / Low: 87.0722). On the other end, October was the most stable month, with a tight range of 1.0218 SRD (High: 99.7354 / Low: 98.7136).

March Spread (Volatile) ±6.6747

October Spread (Stable) ±1.0218

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.6541 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.6541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 98.7040) against the same month in 2022 (average: 59.4491), the exchange rate shifted by +39.2548 (+66.03%).

2023 Avg (July) 98.7040

2022 Avg (July) 59.4491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.2032	81.9669	82.6468
February	88.0303	83.1169	85.2481
March	93.7468	87.0722	89.9385
April	97.2631	92.8563	95.5522
May	98.3677	96.3985	97.0147
June	99.5731	96.9432	97.9500
July	100.3185	96.1061	98.7040
August	100.1652	98.9009	99.4001
September	100.2509	98.9699	99.4963
October	99.7354	98.7136	99.0993
November	99.5839	98.1971	98.7058
December	98.3987	95.3809	97.0517