YEARLY HIGH
0.0990 OMR
YEARLY LOW
0.0857 OMR
YEARLY AVERAGE
0.0918 OMR

2023 PLN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0990. Conversely, the yearly low was recorded on February 25, dropping to 0.0857.

This high-to-low spread represents a total annual volatility of 0.0132 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0888 to the December average rate of 0.0971, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0990 was up 1.16% compared to the 2022 peak of 0.0978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,979 OMR
2022 Average 1,734 OMR
Yearly Trough Low 1,714 OMR
Transaction Impact: A difference of 264.71 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0981
0.0858
JanuMarcMayJulySeptNove

PLN 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 0.0900, compared to 0.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0900
H2 Avg (Jul–Dec) 0.0935

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0069 OMR (High: 0.0981 / Low: 0.0912). On the other end, May was the most stable month, with a tight range of 0.0026 OMR (High: 0.0936 / Low: 0.0909).

November Spread (Volatile) ±0.0069
May Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0049 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0971) against the same month in 2022 (average: 0.0871), the exchange rate shifted by +0.0100 (+11.42%).

2023 Avg (December) 0.0971
2022 Avg (December) 0.0871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0930 0.0865 0.0888
February 0.0902 0.0857 0.0868
March 0.0898 0.0861 0.0878
April 0.0928 0.0889 0.0910
May 0.0936 0.0909 0.0921
June 0.0954 0.0915 0.0936
July 0.0975 0.0935 0.0958
August 0.0957 0.0929 0.0942
September 0.0929 0.0873 0.0894
October 0.0921 0.0871 0.0902
November 0.0981 0.0912 0.0946
December 0.0990 0.0956 0.0971