YEARLY HIGH
0.0470 OMR
YEARLY LOW
0.0453 OMR
YEARLY AVERAGE
0.0461 OMR

2023 SBD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0470. Conversely, the yearly low was recorded on November 26, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0017 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0466 to the December average rate of 0.0455, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0470 was down 2.69% compared to the 2022 peak of 0.0483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235 OMR
2022 Average 237 OMR
Yearly Trough Low 226 OMR
Transaction Impact: A difference of 8.41 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0469
0.0454
JanuMarcMayJulySeptNove

SBD 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 0.0465, compared to 0.0458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0465
H2 Avg (Jul–Dec) 0.0458

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0009 OMR (High: 0.0462 / Low: 0.0453). On the other end, June was the most stable month, with a tight range of 0.0002 OMR (High: 0.0462 / Low: 0.0461).

July Spread (Volatile) ±0.0009
June Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0467) against the same month in 2022 (average: 0.0479), the exchange rate shifted by -0.0011 (-2.33%).

2023 Avg (March) 0.0467
2022 Avg (March) 0.0479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0469 0.0463 0.0466
February 0.0470 0.0465 0.0467
March 0.0470 0.0463 0.0467
April 0.0468 0.0460 0.0464
May 0.0464 0.0460 0.0462
June 0.0462 0.0461 0.0462
July 0.0462 0.0453 0.0460
August 0.0462 0.0459 0.0460
September 0.0460 0.0455 0.0458
October 0.0460 0.0453 0.0456
November 0.0459 0.0453 0.0456
December 0.0457 0.0453 0.0455