2023 OMR to VND Historical Review

YEARLY HIGH

64048.1077 VND

YEARLY LOW

60531.4102 VND

YEARLY AVERAGE

61924.9899 VND

2023 OMR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 64048.1077. Conversely, the yearly low was recorded on April 10, dropping to 60531.4102.

This high-to-low spread represents a total annual volatility of 3516.6975 VND. From a start-to-finish perspective, comparing the January average rate of 60965.4629 to the December average rate of 63076.5486, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 64048.1077 was down 0.87% compared to the 2022 peak of 64612.0678, 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 320,240,538 VND

2022 Average 304,012,150 VND

Yearly Trough Low 302,657,051 VND

Transaction Impact: A difference of 17,583,487.51 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

63861.7431

60699.7842

JanuMarcMayJulySeptNove

OMR to VND 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 61135.1758, compared to 62714.8039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1579.6281 points.

H1 Avg (Jan–Jun) 61135.1758

H2 Avg (Jul–Dec) 62714.8039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1358.7506 VND (High: 62830.2662 / Low: 61471.5157). On the other end, May was the most stable month, with a tight range of 280.9933 VND (High: 61155.8373 / Low: 60874.8440).

August Spread (Volatile) ±1358.7506

May Spread (Stable) ±280.9933

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 389.0270 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -389.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 63226.4159) against the same month in 2022 (average: 64468.7552), the exchange rate shifted by -1242.3394 (-1.93%).

2023 Avg (November) 63226.4159

2022 Avg (November) 64468.7552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61436.6143	60853.9733	60965.4629
February	62022.5053	60902.1822	61445.9602
March	62161.7919	60983.5286	61368.3267
April	61240.4996	60531.4102	60979.2997
May	61155.8373	60874.8440	60963.2808
June	61297.9415	60984.6374	61088.7247
July	61710.2031	61242.4867	61465.9776
August	62830.2662	61471.5157	61992.7437
September	63402.1389	62488.8407	62928.8910
October	63928.4061	63081.1552	63598.2465
November	64048.1077	62710.1340	63226.4159
December	63283.0586	62886.1177	63076.5486