2023 OMR to TZS Historical Review

YEARLY HIGH

6556.1150 TZS

YEARLY LOW

6038.2393 TZS

YEARLY AVERAGE

6290.8234 TZS

2023 OMR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the OMR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 6556.1150. Conversely, the yearly low was recorded on February 19, dropping to 6038.2393.

This high-to-low spread represents a total annual volatility of 517.8756 TZS. From a start-to-finish perspective, comparing the January average rate of 6063.1005 to the December average rate of 6525.5426, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6556.1150 was up 7.60% compared to the 2022 peak of 6093.1555, 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 32,780,575 TZS

2022 Average 30,206,493 TZS

Yearly Trough Low 30,191,197 TZS

Transaction Impact: A difference of 2,589,378.17 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6571.7868

6016.8563

JanuMarcMayJulySeptNove

OMR to TZS 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 6104.1872, compared to 6477.4596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 373.2724 points.

H1 Avg (Jan–Jun) 6104.1872

H2 Avg (Jul–Dec) 6477.4596

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 145.4192 TZS (High: 6379.1091 / Low: 6233.6899). On the other end, January was the most stable month, with a tight range of 22.9087 TZS (High: 6079.3436 / Low: 6056.4350).

July Spread (Volatile) ±145.4192

January Spread (Stable) ±22.9087

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.8565 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -3.8565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6525.5426) against the same month in 2022 (average: 6061.5617), the exchange rate shifted by +463.9809 (+7.65%).

2023 Avg (December) 6525.5426

2022 Avg (December) 6061.5617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6079.3436	6056.4350	6063.1005
February	6132.5862	6038.2393	6069.3448
March	6100.2200	6053.3632	6069.0530
April	6129.1382	6050.7094	6091.9963
May	6153.9536	6091.6924	6129.3489
June	6272.9554	6142.8252	6202.2798
July	6379.1091	6233.6899	6339.8044
August	6519.1763	6376.6896	6478.8595
September	6526.8854	6478.4481	6508.6284
October	6532.5524	6491.6836	6507.8897
November	6538.6814	6481.5298	6504.0332
December	6556.1150	6497.0412	6525.5426