YEARLY HIGH
28.6075 TJS
YEARLY LOW
26.0025 TJS
YEARLY AVERAGE
28.0699 TJS

2023 OMR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 28.6075. Conversely, the yearly low was recorded on March 11, dropping to 26.0025.

This high-to-low spread represents a total annual volatility of 2.6050 TJS. From a start-to-finish perspective, comparing the January average rate of 26.5792 to the December average rate of 28.4140, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.6075 was down 15.57% compared to the 2022 peak of 33.8833, 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 143,037 TJS
2022 Average 142,484 TJS
Yearly Trough Low 130,013 TJS
Transaction Impact: A difference of 13,024.77 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.7228
26.3844
JanuMarcMayJulySeptNove

OMR to TJS 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 27.6848, compared to 28.4550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7702 points.

H1 Avg (Jan–Jun) 27.6848
H2 Avg (Jul–Dec) 28.4550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.4134 TJS (High: 28.4160 / Low: 26.0025). On the other end, September was the most stable month, with a tight range of 0.1758 TJS (High: 28.6075 / Low: 28.4316).

March Spread (Volatile) ±2.4134
September Spread (Stable) ±0.1758

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0835 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 28.5279) against the same month in 2022 (average: 26.1573), the exchange rate shifted by +2.3706 (+9.06%).

2023 Avg (September) 28.5279
2022 Avg (September) 26.1573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.7269 26.3137 26.5792
February 27.9008 26.0066 26.9992
March 28.4160 26.0025 27.4491
April 28.4151 28.1129 28.3398
May 28.4789 28.2865 28.3664
June 28.5104 28.2795 28.3753
July 28.4776 28.1169 28.3861
August 28.5559 28.2785 28.5037
September 28.6075 28.4316 28.5279
October 28.5721 28.3566 28.4910
November 28.5391 28.2612 28.4074
December 28.5338 28.3094 28.4140