2023 OMR to TOP Historical Review

YEARLY HIGH

6.2691 TOP

YEARLY LOW

6.0010 TOP

YEARLY AVERAGE

6.1367 TOP

2023 OMR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 6.2691. Conversely, the yearly low was recorded on January 30, dropping to 6.0010.

This high-to-low spread represents a total annual volatility of 0.2680 TOP. From a start-to-finish perspective, comparing the January average rate of 6.0514 to the December average rate of 6.1037, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.2691 was down 1.79% compared to the 2022 peak of 6.3834, 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 31,345 TOP

2022 Average 30,271 TOP

Yearly Trough Low 30,005 TOP

Transaction Impact: A difference of 1,340.11 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.2451

6.0338

JanuMarcMayJulySeptNove

OMR to TOP 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 6.1044, compared to 6.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0646 points.

H1 Avg (Jan–Jun) 6.1044

H2 Avg (Jul–Dec) 6.1690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1298 TOP (High: 6.2521 / Low: 6.1224). On the other end, September was the most stable month, with a tight range of 0.0421 TOP (High: 6.2343 / Low: 6.1922).

November Spread (Volatile) ±0.1298

September Spread (Stable) ±0.0421

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0901 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 6.2275) against the same month in 2022 (average: 6.3246), the exchange rate shifted by -0.0972 (-1.54%).

2023 Avg (October) 6.2275

2022 Avg (October) 6.3246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.1175	6.0010	6.0514
February	6.1338	6.0057	6.0730
March	6.2177	6.0927	6.1323
April	6.1628	6.0559	6.1144
May	6.1866	6.0792	6.1286
June	6.1855	6.0740	6.1266
July	6.1596	6.0368	6.1003
August	6.2213	6.1051	6.1768
September	6.2343	6.1922	6.2117
October	6.2691	6.1892	6.2275
November	6.2521	6.1224	6.1938
December	6.1449	6.0497	6.1037