YEARLY HIGH
0.0367 OMR
YEARLY LOW
0.0349 OMR
YEARLY AVERAGE
0.0357 OMR

2024 TJS to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0367. Conversely, the yearly low was recorded on February 4, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0018 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0353, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0367 was down 4.55% compared to the 2023 peak of 0.0385, 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 184 OMR
2023 Average 178 OMR
Yearly Trough Low 175 OMR
Transaction Impact: A difference of 8.96 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0364
0.0351
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 0.0354, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0354
H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 OMR (High: 0.0363 / Low: 0.0353). On the other end, December was the most stable month, with a tight range of 0.0002 OMR (High: 0.0354 / Low: 0.0352).

November Spread (Volatile) ±0.0011
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and August, 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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0363) against the same month in 2023 (average: 0.0351), the exchange rate shifted by +0.0012 (+3.44%).

2024 Avg (August) 0.0363
2023 Avg (August) 0.0351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0353 0.0351 0.0352
February 0.0353 0.0349 0.0352
March 0.0353 0.0350 0.0352
April 0.0353 0.0351 0.0352
May 0.0359 0.0352 0.0355
June 0.0364 0.0356 0.0360
July 0.0364 0.0360 0.0362
August 0.0367 0.0360 0.0363
September 0.0362 0.0360 0.0362
October 0.0362 0.0360 0.0361
November 0.0363 0.0353 0.0361
December 0.0354 0.0352 0.0353