YEARLY HIGH
0.0130 OMR
YEARLY LOW
0.0118 OMR
YEARLY AVERAGE
0.0124 OMR

2023 TWD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0130. Conversely, the yearly low was recorded on October 29, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0011 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0123, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0130 was down 7.67% compared to the 2022 peak of 0.0140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 OMR
2022 Average 65 OMR
Yearly Trough Low 59 OMR
Transaction Impact: A difference of 5.59 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0128
0.0118
JanuMarcMayJulySeptNove

TWD 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 0.0126, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 OMR (High: 0.0130 / Low: 0.0125). On the other end, May was the most stable month, with a tight range of 0.0001 OMR (High: 0.0126 / Low: 0.0124).

February Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0127) against the same month in 2022 (average: 0.0138), the exchange rate shifted by -0.0011 (-7.98%).

2023 Avg (February) 0.0127
2022 Avg (February) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0125 0.0127
February 0.0130 0.0125 0.0127
March 0.0127 0.0124 0.0126
April 0.0127 0.0125 0.0126
May 0.0126 0.0124 0.0125
June 0.0126 0.0124 0.0125
July 0.0125 0.0122 0.0123
August 0.0122 0.0120 0.0121
September 0.0121 0.0119 0.0120
October 0.0120 0.0118 0.0119
November 0.0123 0.0119 0.0121
December 0.0126 0.0122 0.0123