YEARLY HIGH
0.0657 OMR
YEARLY LOW
0.0452 OMR
YEARLY AVERAGE
0.0554 OMR

2020 TRY to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0657. Conversely, the yearly low was recorded on November 7, dropping to 0.0452.

This high-to-low spread represents a total annual volatility of 0.0206 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0650 to the December average rate of 0.0500, the exchange rate registered a net change of -23.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0657 was down 11.53% compared to the 2019 peak of 0.0743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 3,287 OMR
2019 Average 3,392 OMR
Yearly Trough Low 2,258 OMR
Transaction Impact: A difference of 1,029.45 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0666
0.0467
JanuMarcMayJulySeptNove

TRY 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 0.0596, compared to 0.0511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.0596
H2 Avg (Jul–Dec) 0.0511

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0059 OMR (High: 0.0510 / Low: 0.0452). On the other end, July was the most stable month, with a tight range of 0.0012 OMR (High: 0.0564 / Low: 0.0552).

November Spread (Volatile) ±0.0059
July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0045 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0650) against the same month in 2019 (average: 0.0719), the exchange rate shifted by -0.0069 (-9.56%).

2020 Avg (January) 0.0650
2019 Avg (January) 0.0719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0657 0.0644 0.0650
February 0.0644 0.0617 0.0635
March 0.0633 0.0582 0.0607
April 0.0580 0.0551 0.0562
May 0.0572 0.0535 0.0556
June 0.0574 0.0561 0.0565
July 0.0564 0.0552 0.0560
August 0.0555 0.0520 0.0529
September 0.0522 0.0492 0.0510
October 0.0496 0.0461 0.0484
November 0.0510 0.0452 0.0484
December 0.0522 0.0488 0.0500