2023 TRY to OMR Historical Review

YEARLY HIGH

0.0206 OMR

YEARLY LOW

0.0130 OMR

YEARLY AVERAGE

0.0167 OMR

2023 TRY to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0206. Conversely, the yearly low was recorded on December 28, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0076 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0132, the exchange rate registered a net change of -35.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0206 was down 30.17% compared to the 2022 peak of 0.0295, 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 1,029 OMR

2022 Average 1,178 OMR

Yearly Trough Low 651 OMR

Transaction Impact: A difference of 377.89 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0212

0.0125

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 0.0195, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0195

H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0037 OMR (High: 0.0184 / Low: 0.0148). On the other end, January was the most stable month, with a tight range of 0.0001 OMR (High: 0.0206 / Low: 0.0205).

June Spread (Volatile) ±0.0037

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0032 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0205) against the same month in 2022 (average: 0.0285), the exchange rate shifted by -0.0080 (-27.97%).

2023 Avg (January) 0.0205

2022 Avg (January) 0.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0206	0.0205	0.0205
February	0.0205	0.0203	0.0204
March	0.0205	0.0200	0.0202
April	0.0201	0.0197	0.0199
May	0.0198	0.0185	0.0195
June	0.0184	0.0148	0.0163
July	0.0149	0.0143	0.0145
August	0.0149	0.0141	0.0143
September	0.0144	0.0140	0.0143
October	0.0140	0.0136	0.0138
November	0.0136	0.0133	0.0134
December	0.0133	0.0130	0.0132