2023 TOP to OMR Historical Review

YEARLY HIGH

0.1666 OMR

YEARLY LOW

0.1595 OMR

YEARLY AVERAGE

0.1630 OMR

2023 TOP to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.1666. Conversely, the yearly low was recorded on October 29, dropping to 0.1595.

This high-to-low spread represents a total annual volatility of 0.0071 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1653 to the December average rate of 0.1638, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1666 was down 2.78% compared to the 2022 peak of 0.1714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 833 OMR

2022 Average 826 OMR

Yearly Trough Low 798 OMR

Transaction Impact: A difference of 35.62 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1657

0.1601

JanuMarcMayJulySeptNove

TOP 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 0.1638, compared to 0.1621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1638

H2 Avg (Jul–Dec) 0.1621

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0035 OMR (High: 0.1665 / Low: 0.1630). On the other end, September was the most stable month, with a tight range of 0.0011 OMR (High: 0.1615 / Low: 0.1604).

February Spread (Volatile) ±0.0035

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and July, 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 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1653) against the same month in 2022 (average: 0.1692), the exchange rate shifted by -0.0039 (-2.32%).

2023 Avg (January) 0.1653

2022 Avg (January) 0.1692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1666	0.1635	0.1653
February	0.1665	0.1630	0.1647
March	0.1641	0.1608	0.1631
April	0.1651	0.1623	0.1636
May	0.1645	0.1616	0.1632
June	0.1646	0.1617	0.1632
July	0.1656	0.1623	0.1639
August	0.1638	0.1607	0.1619
September	0.1615	0.1604	0.1610
October	0.1616	0.1595	0.1606
November	0.1633	0.1599	0.1615
December	0.1653	0.1627	0.1638