2023 RON to OMR Historical Review

YEARLY HIGH

0.0876 OMR

YEARLY LOW

0.0810 OMR

YEARLY AVERAGE

0.0842 OMR

2023 RON to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0876. Conversely, the yearly low was recorded on October 3, dropping to 0.0810.

This high-to-low spread represents a total annual volatility of 0.0066 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0843 to the December average rate of 0.0846, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0876 was down 1.84% compared to the 2022 peak of 0.0892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 438 OMR

2022 Average 411 OMR

Yearly Trough Low 405 OMR

Transaction Impact: A difference of 32.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0866

0.0815

JanuMarcMayJulySeptNove

RON 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 0.0843, compared to 0.0840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0843

H2 Avg (Jul–Dec) 0.0840

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0041 OMR (High: 0.0864 / Low: 0.0823). On the other end, October was the most stable month, with a tight range of 0.0016 OMR (High: 0.0826 / Low: 0.0810).

February Spread (Volatile) ±0.0041

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0861) against the same month in 2022 (average: 0.0795), the exchange rate shifted by +0.0067 (+8.37%).

2023 Avg (July) 0.0861

2022 Avg (July) 0.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0860	0.0822	0.0843
February	0.0864	0.0823	0.0839
March	0.0851	0.0822	0.0836
April	0.0863	0.0840	0.0855
May	0.0865	0.0830	0.0845
June	0.0852	0.0828	0.0841
July	0.0876	0.0844	0.0861
August	0.0859	0.0842	0.0850
September	0.0840	0.0813	0.0828
October	0.0826	0.0810	0.0819
November	0.0852	0.0820	0.0838
December	0.0859	0.0834	0.0846