YEARLY HIGH
60130.5424 STD
YEARLY LOW
57650.4924 STD
YEARLY AVERAGE
58696.4871 STD

2023 OMR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 60130.5424. Conversely, the yearly low was recorded on August 13, dropping to 57650.4924.

This high-to-low spread represents a total annual volatility of 2480.0500 STD. From a start-to-finish perspective, comparing the January average rate of 59289.0684 to the December average rate of 57875.8853, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 60130.5424 was down 2.17% compared to the 2022 peak of 61462.2627, 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 300,652,712 STD
2022 Average 287,942,366 STD
Yearly Trough Low 288,252,462 STD
Transaction Impact: A difference of 12,400,250.19 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59489.2788
57722.0188
JanuMarcMayJulySeptNove

OMR to STD 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 59305.5956, compared to 58087.3787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1218.2169 points.

H1 Avg (Jan–Jun) 59305.5956
H2 Avg (Jul–Dec) 58087.3787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1489.8556 STD (High: 59364.6608 / Low: 57874.8052). On the other end, January was the most stable month, with a tight range of 67.1966 STD (High: 59343.3604 / Low: 59276.1638).

July Spread (Volatile) ±1489.8556
January Spread (Stable) ±67.1966

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 1243.5510 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1243.5510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 59342.0071) against the same month in 2022 (average: 55591.3355), the exchange rate shifted by +3750.6717 (+6.75%).

2023 Avg (March) 59342.0071
2022 Avg (March) 55591.3355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59343.3604 59276.1638 59289.0684
February 59490.6140 59255.2346 59305.6207
March 60130.5424 59268.3136 59342.0071
April 59614.1443 58923.8861 59301.4197
May 59524.7472 59211.8842 59296.4923
June 59474.1820 59280.0127 59298.9653
July 59364.6608 57874.8052 59112.8415
August 57987.6175 57650.4924 57869.2905
September 57963.6326 57865.1860 57884.3959
October 57951.7229 57774.7124 57880.6876
November 58163.5077 57874.8052 57901.1711
December 57981.4308 57758.8375 57875.8853