YEARLY HIGH
659.4233 YER
YEARLY LOW
646.3843 YER
YEARLY AVERAGE
650.3503 YER

2023 OMR to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 659.4233. Conversely, the yearly low was recorded on April 10, dropping to 646.3843.

This high-to-low spread represents a total annual volatility of 13.0391 YER. From a start-to-finish perspective, comparing the January average rate of 650.2643 to the December average rate of 649.9547, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 659.4233 was up 0.86% compared to the 2022 peak of 653.8005, 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 3,297,117 YER
2022 Average 3,250,138 YER
Yearly Trough Low 3,231,921 YER
Transaction Impact: A difference of 65,195.48 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

650.8682
649.8717
JanuMarcMayJulySeptNove

OMR to YER 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 650.4503, compared to 650.2502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2000 points.

H1 Avg (Jan–Jun) 650.4503
H2 Avg (Jul–Dec) 650.2502

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 9.4858 YER (High: 659.4233 / Low: 649.9375). On the other end, January was the most stable month, with a tight range of 0.8296 YER (High: 650.7909 / Low: 649.9613).

March Spread (Volatile) ±9.4858
January Spread (Stable) ±0.8296

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 November and December, when the average rate fell by 0.5479 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 650.7852) against the same month in 2022 (average: 649.9722), the exchange rate shifted by +0.8129 (+0.13%).

2023 Avg (March) 650.7852
2022 Avg (March) 649.9722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 650.7909 649.9613 650.2643
February 652.5360 649.6969 650.4787
March 659.4233 649.9375 650.7852
April 653.8909 646.3843 650.4239
May 652.9103 649.3489 650.3460
June 652.3556 650.1047 650.4035
July 651.3102 649.3946 650.3170
August 651.5272 647.4341 650.0909
September 651.1927 649.9030 650.3436
October 651.2540 649.2647 650.2926
November 653.5034 650.1959 650.5026
December 650.5431 648.8967 649.9547