2023 OMR to SYP Historical Review

YEARLY HIGH

6619.3417 SYP

YEARLY LOW

6486.5095 SYP

YEARLY AVERAGE

6527.7479 SYP

2023 OMR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6619.3417. Conversely, the yearly low was recorded on April 10, dropping to 6486.5095.

This high-to-low spread represents a total annual volatility of 132.8322 SYP. From a start-to-finish perspective, comparing the January average rate of 6526.7098 to the December average rate of 6526.1737, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6619.3417 was up 0.84% compared to the 2022 peak of 6564.2096, 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 33,096,708 SYP

2022 Average 32,628,675 SYP

Yearly Trough Low 32,432,548 SYP

Transaction Impact: A difference of 664,160.85 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6533.2482

6524.7194

JanuMarcMayJulySeptNove

OMR to SYP 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 6528.5292, compared to 6526.9666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5625 points.

H1 Avg (Jan–Jun) 6528.5292

H2 Avg (Jul–Dec) 6526.9666

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 94.9166 SYP (High: 6619.3417 / Low: 6524.4251). On the other end, January was the most stable month, with a tight range of 7.3972 SYP (High: 6532.6864 / Low: 6525.2893).

March Spread (Volatile) ±94.9166

January Spread (Stable) ±7.3972

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 4.4680 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.4680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6532.5375) against the same month in 2022 (average: 6524.3135), the exchange rate shifted by +8.2240 (+0.13%).

2023 Avg (March) 6532.5375

2022 Avg (March) 6524.3135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6532.6864	6525.2893	6526.7098
February	6548.8965	6522.9853	6528.5319
March	6619.3417	6524.4251	6532.5375
April	6562.4951	6486.5095	6528.0695
May	6552.6540	6518.2132	6527.5271
June	6547.0877	6525.7129	6527.7993
July	6536.5954	6518.6698	6527.3223
August	6538.7728	6500.7581	6525.4301
September	6536.0683	6524.9673	6527.1334
October	6534.7253	6514.7653	6526.7153
November	6558.6065	6526.0519	6529.0250
December	6538.0752	6512.9752	6526.1737