YEARLY HIGH
0.0385 OMR
YEARLY LOW
0.0350 OMR
YEARLY AVERAGE
0.0357 OMR

2023 TJS to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0385. Conversely, the yearly low was recorded on September 30, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0035 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0352, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0385 was down 3.16% compared to the 2022 peak of 0.0397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TJS based on timing:

Yearly Peak High 192 OMR
2022 Average 177 OMR
Yearly Trough Low 175 OMR
Transaction Impact: A difference of 17.51 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0379
0.0348
JanuMarcMayJulySeptNove

TJS to OMR 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 0.0362, compared to 0.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0362
H2 Avg (Jul–Dec) 0.0351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0033 OMR (High: 0.0385 / Low: 0.0352). On the other end, September was the most stable month, with a tight range of 0.0002 OMR (High: 0.0352 / Low: 0.0350).

March Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0365) against the same month in 2022 (average: 0.0311), the exchange rate shifted by +0.0054 (+17.53%).

2023 Avg (March) 0.0365
2022 Avg (March) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0380 0.0374 0.0376
February 0.0385 0.0358 0.0371
March 0.0385 0.0352 0.0365
April 0.0356 0.0352 0.0353
May 0.0354 0.0351 0.0353
June 0.0354 0.0351 0.0352
July 0.0356 0.0351 0.0352
August 0.0354 0.0350 0.0351
September 0.0352 0.0350 0.0351
October 0.0353 0.0350 0.0351
November 0.0354 0.0350 0.0352
December 0.0353 0.0350 0.0352