2023 OMR to TRY Historical Review

YEARLY HIGH

76.7787 TRY

YEARLY LOW

48.5858 TRY

YEARLY AVERAGE

61.8152 TRY

2023 OMR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 76.7787. Conversely, the yearly low was recorded on January 1, dropping to 48.5858.

This high-to-low spread represents a total annual volatility of 28.1929 TRY. From a start-to-finish perspective, comparing the January average rate of 48.7866 to the December average rate of 75.5872, the exchange rate registered a net change of 54.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 76.7787 was up 57.93% compared to the 2022 peak of 48.6144, 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 383,893 TRY

2022 Average 215,282 TRY

Yearly Trough Low 242,929 TRY

Transaction Impact: A difference of 140,964.53 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

78.2673

46.1065

JanuMarcMayJulySeptNove

OMR to TRY 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 51.7346, compared to 71.8958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.1612 points.

H1 Avg (Jan–Jun) 51.7346

H2 Avg (Jul–Dec) 71.8958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 13.4788 TRY (High: 67.7663 / Low: 54.2875). On the other end, January was the most stable month, with a tight range of 0.2915 TRY (High: 48.8773 / Low: 48.5858).

June Spread (Volatile) ±13.4788

January Spread (Stable) ±0.2915

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 75.5872) against the same month in 2022 (average: 48.4563), the exchange rate shifted by +27.1309 (+55.99%).

2023 Avg (December) 75.5872

2022 Avg (December) 48.4563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.8773	48.5858	48.7866
February	49.2308	48.8762	48.9778
March	50.1112	48.8954	49.4017
April	50.7259	49.7494	50.2577
May	53.9161	50.4894	51.3684
June	67.7663	54.2875	61.6157
July	70.0998	66.9419	68.7786
August	70.6839	67.2976	69.9087
September	71.3361	69.3523	70.1704
October	73.5593	71.3449	72.4466
November	75.1916	73.5885	74.4835
December	76.7787	74.9957	75.5872