YEARLY HIGH
22.9837 SVC
YEARLY LOW
22.4878 SVC
YEARLY AVERAGE
22.7229 SVC

2023 OMR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 22.9837. Conversely, the yearly low was recorded on July 12, dropping to 22.4878.

This high-to-low spread represents a total annual volatility of 0.4959 SVC. From a start-to-finish perspective, comparing the January average rate of 22.7302 to the December average rate of 22.7513, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.9837 was up 0.38% compared to the 2022 peak of 22.8967, 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 114,918 SVC
2022 Average 113,641 SVC
Yearly Trough Low 112,439 SVC
Transaction Impact: A difference of 2,479.64 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.7560
22.7000
JanuMarcMayJulySeptNove

OMR to SVC 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 22.7242, compared to 22.7215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 22.7242
H2 Avg (Jul–Dec) 22.7215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3965 SVC (High: 22.9837 / Low: 22.5872). On the other end, January was the most stable month, with a tight range of 0.1130 SVC (High: 22.7692 / Low: 22.6562).

February Spread (Volatile) ±0.3965
January Spread (Stable) ±0.1130

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0248 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 22.7384) against the same month in 2022 (average: 22.7245), the exchange rate shifted by +0.0139 (+0.06%).

2023 Avg (February) 22.7384
2022 Avg (February) 22.7245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.7692 22.6562 22.7302
February 22.9837 22.5872 22.7384
March 22.7853 22.6067 22.7153
April 22.7573 22.5161 22.7101
May 22.8203 22.6545 22.7219
June 22.8441 22.6586 22.7295
July 22.7659 22.4878 22.7047
August 22.7866 22.5808 22.7243
September 22.7867 22.6468 22.7258
October 22.7586 22.5872 22.7129
November 22.7482 22.6200 22.7100
December 22.8521 22.7099 22.7513