YEARLY HIGH
28.6398 TJS
YEARLY LOW
27.2423 TJS
YEARLY AVERAGE
28.0159 TJS

2024 OMR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 28.6398. Conversely, the yearly low was recorded on August 4, dropping to 27.2423.

This high-to-low spread represents a total annual volatility of 1.3975 TJS. From a start-to-finish perspective, comparing the January average rate of 28.3792 to the December average rate of 28.3493, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.6398 was up 0.11% compared to the 2023 peak of 28.6075, 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 143,199 TJS
2023 Average 140,375 TJS
Yearly Trough Low 136,212 TJS
Transaction Impact: A difference of 6,987.62 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.5206
27.4697
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 28.2656, compared to 27.7662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4993 points.

H1 Avg (Jan–Jun) 28.2656
H2 Avg (Jul–Dec) 27.7662

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8278 TJS (High: 28.3390 / Low: 27.5113). On the other end, December was the most stable month, with a tight range of 0.1508 TJS (High: 28.4168 / Low: 28.2660).

November Spread (Volatile) ±0.8278
December Spread (Stable) ±0.1508

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4161 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 28.4331) against the same month in 2023 (average: 26.9992), the exchange rate shifted by +1.4339 (+5.31%).

2024 Avg (February) 28.4331
2023 Avg (February) 26.9992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.4812 28.3149 28.3792
February 28.6398 28.3290 28.4331
March 28.5469 28.3297 28.4316
April 28.4739 28.3162 28.4027
May 28.3985 27.8526 28.1815
June 28.0684 27.4824 27.7654
July 27.8056 27.4959 27.6342
August 27.7958 27.2423 27.5573
September 27.7909 27.5950 27.6612
October 27.7736 27.5903 27.6787
November 28.3390 27.5113 27.7166
December 28.4168 28.2660 28.3493