2023 OMR to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 OMR to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the OMR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 84.4663. Conversely, the yearly low was recorded on February 2, dropping to 77.1792.
This high-to-low spread represents a total annual volatility of 7.2871 TWD. From a start-to-finish perspective, comparing the January average rate of 78.9466 to the December average rate of 81.0754, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 84.4663 was up 0.60% compared to the 2022 peak of 83.9625, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
OMR to TWD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.3783, compared to 82.4450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0667 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 2.9669 TWD (High: 84.2477 / Low: 81.2807). On the other end, May was the most stable month, with a tight range of 0.9195 TWD (High: 80.3326 / Low: 79.4132).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 1.8051 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 83.8608) against the same month in 2022 (average: 82.9716), the exchange rate shifted by +0.8892 (+1.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.8267 | 78.0422 | 78.9466 |
| February | 79.9459 | 77.1792 | 78.6648 |
| March | 80.7036 | 78.8014 | 79.4357 |
| April | 80.2094 | 78.8368 | 79.3998 |
| May | 80.3326 | 79.4132 | 79.7650 |
| June | 80.9414 | 79.4770 | 80.0580 |
| July | 81.6771 | 80.1135 | 81.0239 |
| August | 83.1015 | 82.0813 | 82.6359 |
| September | 83.7962 | 82.7916 | 83.1935 |
| October | 84.4663 | 83.2165 | 83.8608 |
| November | 84.2477 | 81.2807 | 82.8805 |
| December | 81.9010 | 79.6682 | 81.0754 |