2024 OMR to TZS Historical Review

YEARLY HIGH

7109.0016 TZS

YEARLY LOW

6108.4202 TZS

YEARLY AVERAGE

6792.4390 TZS

2024 OMR to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 7109.0016. Conversely, the yearly low was recorded on December 16, dropping to 6108.4202.

This high-to-low spread represents a total annual volatility of 1000.5815 TZS. From a start-to-finish perspective, comparing the January average rate of 6547.9088 to the December average rate of 6408.2264, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 7109.0016 was up 8.43% compared to the 2023 peak of 6556.1150, 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 35,545,008 TZS

2023 Average 31,461,251 TZS

Yearly Trough Low 30,542,101 TZS

Transaction Impact: A difference of 5,002,907.44 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7148.4267

6340.9354

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 6674.4702, compared to 6910.4079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 235.9377 points.

H1 Avg (Jan–Jun) 6674.4702

H2 Avg (Jul–Dec) 6910.4079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 747.2025 TZS (High: 6855.6227 / Low: 6108.4202). On the other end, October was the most stable month, with a tight range of 54.0678 TZS (High: 7092.8094 / Low: 7038.7416).

December Spread (Volatile) ±747.2025

October Spread (Stable) ±54.0678

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 November and December, when the average rate fell by 519.9834 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -519.9834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 7081.1358) against the same month in 2023 (average: 6508.6284), the exchange rate shifted by +572.5074 (+8.80%).

2024 Avg (September) 7081.1358

2023 Avg (September) 6508.6284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6624.0886	6523.8996	6547.9088
February	6626.1308	6547.3955	6600.3936
March	6701.5598	6595.2172	6633.5156
April	6748.7309	6660.8593	6710.6046
May	6772.8803	6707.5211	6742.6450
June	6955.9817	6758.5804	6811.7537
July	7022.5177	6871.4410	6941.4160
August	7065.6767	6968.4420	7027.4761
September	7109.0016	7035.0658	7081.1358
October	7092.8094	7038.7416	7075.9831
November	7076.9478	6846.4963	6928.2097
December	6855.6227	6108.4202	6408.2264