2023 SRD to OMR Historical Review

YEARLY HIGH

0.0122 OMR

YEARLY LOW

0.0100 OMR

YEARLY AVERAGE

0.0106 OMR

2023 SRD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0122. Conversely, the yearly low was recorded on July 31, dropping to 0.0100.

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 0.0121 to the December average rate of 0.0103, the exchange rate registered a net change of -14.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0122 was down 35.66% compared to the 2022 peak of 0.0190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61 OMR

2022 Average 81 OMR

Yearly Trough Low 50 OMR

Transaction Impact: A difference of 11.16 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0123

0.0098

JanuMarcMayJulySeptNove

SRD 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 0.0110, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0110

H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 OMR (High: 0.0115 / Low: 0.0107). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0101 / Low: 0.0100).

March Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0121) against the same month in 2022 (average: 0.0182), the exchange rate shifted by -0.0061 (-33.51%).

2023 Avg (January) 0.0121

2022 Avg (January) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0119	0.0121
February	0.0120	0.0114	0.0117
March	0.0115	0.0107	0.0111
April	0.0108	0.0103	0.0105
May	0.0104	0.0102	0.0103
June	0.0103	0.0100	0.0102
July	0.0104	0.0100	0.0101
August	0.0101	0.0100	0.0101
September	0.0101	0.0100	0.0101
October	0.0101	0.0100	0.0101
November	0.0102	0.0100	0.0101
December	0.0105	0.0102	0.0103