2023 PGK to OMR Historical Review

YEARLY HIGH

0.1099 OMR

YEARLY LOW

0.1016 OMR

YEARLY AVERAGE

0.1069 OMR

2023 PGK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1099. Conversely, the yearly low was recorded on November 24, dropping to 0.1016.

This high-to-low spread represents a total annual volatility of 0.0083 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1093 to the December average rate of 0.1029, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1099 was down 0.93% compared to the 2022 peak of 0.1110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 550 OMR

2022 Average 546 OMR

Yearly Trough Low 508 OMR

Transaction Impact: A difference of 41.73 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1099

0.1019

JanuMarcMayJulySeptNove

PGK to OMR 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 0.1090, compared to 0.1049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1090

H2 Avg (Jul–Dec) 0.1049

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0042 OMR (High: 0.1094 / Low: 0.1052). On the other end, January was the most stable month, with a tight range of 0.0005 OMR (High: 0.1096 / Low: 0.1091).

August Spread (Volatile) ±0.0042

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1092) against the same month in 2022 (average: 0.1094), the exchange rate shifted by -0.0002 (-0.20%).

2023 Avg (April) 0.1092

2022 Avg (April) 0.1094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1096	0.1091	0.1093
February	0.1094	0.1078	0.1091
March	0.1098	0.1079	0.1092
April	0.1099	0.1078	0.1092
May	0.1095	0.1071	0.1090
June	0.1094	0.1067	0.1083
July	0.1094	0.1064	0.1078
August	0.1094	0.1052	0.1064
September	0.1078	0.1044	0.1056
October	0.1054	0.1022	0.1039
November	0.1040	0.1016	0.1026
December	0.1036	0.1018	0.1029