2023 SEK to OMR Historical Review

YEARLY HIGH

0.0387 OMR

YEARLY LOW

0.0343 OMR

YEARLY AVERAGE

0.0363 OMR

2023 SEK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0387. Conversely, the yearly low was recorded on October 27, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0044 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0371 to the December average rate of 0.0376, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0387 was down 10.18% compared to the 2022 peak of 0.0431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194 OMR

2022 Average 191 OMR

Yearly Trough Low 171 OMR

Transaction Impact: A difference of 22.19 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0379

0.0344

JanuMarcMayJulySeptNove

SEK 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 0.0367, compared to 0.0359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0367

H2 Avg (Jul–Dec) 0.0359

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0028 OMR (High: 0.0373 / Low: 0.0345). On the other end, September was the most stable month, with a tight range of 0.0009 OMR (High: 0.0353 / Low: 0.0344).

November Spread (Volatile) ±0.0028

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0376) against the same month in 2022 (average: 0.0370), the exchange rate shifted by +0.0006 (+1.51%).

2023 Avg (December) 0.0376

2022 Avg (December) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0378	0.0360	0.0371
February	0.0373	0.0363	0.0368
March	0.0374	0.0357	0.0366
April	0.0376	0.0366	0.0372
May	0.0379	0.0354	0.0367
June	0.0363	0.0353	0.0358
July	0.0378	0.0352	0.0366
August	0.0364	0.0348	0.0355
September	0.0353	0.0344	0.0347
October	0.0354	0.0343	0.0349
November	0.0373	0.0345	0.0361
December	0.0387	0.0367	0.0376