YEARLY HIGH
0.1272 OMR
YEARLY LOW
0.1208 OMR
YEARLY AVERAGE
0.1240 OMR

2023 TND to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1272. Conversely, the yearly low was recorded on October 4, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0064 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1246 to the December average rate of 0.1242, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1272 was down 5.84% compared to the 2022 peak of 0.1351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 636 OMR
2022 Average 626 OMR
Yearly Trough Low 604 OMR
Transaction Impact: A difference of 31.99 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1262
0.1209
JanuMarcMayJulySeptNove

TND 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 0.1246, compared to 0.1235 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) 0.1246
H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0051 OMR (High: 0.1264 / Low: 0.1213). On the other end, October was the most stable month, with a tight range of 0.0013 OMR (High: 0.1221 / Low: 0.1208).

March Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1257) against the same month in 2022 (average: 0.1284), the exchange rate shifted by -0.0027 (-2.08%).

2023 Avg (April) 0.1257
2022 Avg (April) 0.1284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1262 0.1228 0.1246
February 0.1271 0.1221 0.1238
March 0.1264 0.1213 0.1232
April 0.1272 0.1228 0.1257
May 0.1270 0.1243 0.1255
June 0.1252 0.1237 0.1244
July 0.1271 0.1242 0.1255
August 0.1255 0.1236 0.1246
September 0.1245 0.1212 0.1227
October 0.1221 0.1208 0.1213
November 0.1243 0.1209 0.1229
December 0.1258 0.1230 0.1242