2023 OMR to PHP Historical Review

YEARLY HIGH

148.7421 PHP

YEARLY LOW

139.6590 PHP

YEARLY AVERAGE

144.4898 PHP

2023 OMR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 148.7421. Conversely, the yearly low was recorded on February 5, dropping to 139.6590.

This high-to-low spread represents a total annual volatility of 9.0830 PHP. From a start-to-finish perspective, comparing the January average rate of 142.6997 to the December average rate of 144.2104, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 148.7421 was down 3.32% compared to the 2022 peak of 153.8442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 743,710 PHP

2022 Average 707,887 PHP

Yearly Trough Low 698,295 PHP

Transaction Impact: A difference of 45,415.25 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

148.0605

141.7757

JanuMarcMayJulySeptNove

OMR to PHP 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 143.4957, compared to 145.4839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9882 points.

H1 Avg (Jan–Jun) 143.4957

H2 Avg (Jul–Dec) 145.4839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 5.2524 PHP (High: 146.2525 / Low: 141.0001). On the other end, October was the most stable month, with a tight range of 1.2330 PHP (High: 148.2290 / Low: 146.9960).

April Spread (Volatile) ±5.2524

October Spread (Stable) ±1.2330

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 2.7078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 147.5368) against the same month in 2022 (average: 149.7743), the exchange rate shifted by -2.2375 (-1.49%).

2023 Avg (September) 147.5368

2022 Avg (September) 149.7743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	145.3713	141.2542	142.6997
February	144.1530	139.6590	142.5320
March	144.3822	140.4800	142.2995
April	146.2525	141.0001	143.5590
May	146.3750	143.7287	144.8867
June	146.0627	143.2846	144.9976
July	144.6237	141.1614	142.6421
August	147.7302	142.6072	146.2332
September	148.7421	147.1134	147.5368
October	148.2290	146.9960	147.4944
November	147.2362	143.3539	144.7866
December	145.1219	143.6015	144.2104

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு