YEARLY HIGH
0.1032 OMR
YEARLY LOW
0.1010 OMR
YEARLY AVERAGE
0.1026 OMR

2023 SAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.1032. Conversely, the yearly low was recorded on March 19, dropping to 0.1010.

This high-to-low spread represents a total annual volatility of 0.0022 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1025 to the December average rate of 0.1026, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1032 was up 0.39% compared to the 2022 peak of 0.1028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 516 OMR
2022 Average 513 OMR
Yearly Trough Low 505 OMR
Transaction Impact: A difference of 10.94 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1027
0.1024
JanuMarcMayJulySeptNove

SAR 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 0.1026, compared to 0.1026 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) 0.1026
H2 Avg (Jul–Dec) 0.1026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 OMR (High: 0.1026 / Low: 0.1010). On the other end, September was the most stable month, with a tight range of 0.0001 OMR (High: 0.1027 / Low: 0.1026).

March Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0001

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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1026) against the same month in 2022 (average: 0.1027), the exchange rate shifted by -0.0001 (-0.06%).

2023 Avg (April) 0.1026
2022 Avg (April) 0.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1026 0.1023 0.1025
February 0.1027 0.1023 0.1026
March 0.1026 0.1010 0.1024
April 0.1032 0.1020 0.1026
May 0.1027 0.1022 0.1026
June 0.1027 0.1023 0.1026
July 0.1028 0.1025 0.1026
August 0.1030 0.1026 0.1026
September 0.1027 0.1026 0.1026
October 0.1028 0.1025 0.1026
November 0.1027 0.1024 0.1026
December 0.1027 0.1026 0.1026