2023 QAR to OMR Historical Review

YEARLY HIGH

0.1070 OMR

YEARLY LOW

0.1042 OMR

YEARLY AVERAGE

0.1056 OMR

2023 QAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.1070. Conversely, the yearly low was recorded on March 19, dropping to 0.1042.

This high-to-low spread represents a total annual volatility of 0.0027 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1056 to the December average rate of 0.1056, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1070 was up 0.54% compared to the 2022 peak of 0.1064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 535 OMR

2022 Average 528 OMR

Yearly Trough Low 521 OMR

Transaction Impact: A difference of 13.64 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1058

0.1054

JanuMarcMayJulySeptNove

QAR 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 0.1056, compared to 0.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1056

H2 Avg (Jul–Dec) 0.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0024 OMR (High: 0.1070 / Low: 0.1046). On the other end, September was the most stable month, with a tight range of 0.0002 OMR (High: 0.1058 / Low: 0.1055).

April Spread (Volatile) ±0.0024

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1056) against the same month in 2022 (average: 0.1057), the exchange rate shifted by -0.0002 (-0.16%).

2023 Avg (April) 0.1056

2022 Avg (April) 0.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1058	0.1050	0.1056
February	0.1063	0.1043	0.1055
March	0.1058	0.1042	0.1055
April	0.1070	0.1046	0.1056
May	0.1059	0.1053	0.1057
June	0.1058	0.1052	0.1057
July	0.1061	0.1056	0.1057
August	0.1057	0.1053	0.1057
September	0.1058	0.1055	0.1057
October	0.1059	0.1054	0.1057
November	0.1063	0.1053	0.1057
December	0.1058	0.1052	0.1056