YEARLY HIGH
0.1051 OMR
YEARLY LOW
0.1045 OMR
YEARLY AVERAGE
0.1048 OMR

2024 AED to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1051. Conversely, the yearly low was recorded on November 3, dropping to 0.1045.

This high-to-low spread represents a total annual volatility of 0.0007 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1048 to the December average rate of 0.1048, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1051 was down 0.31% compared to the 2023 peak of 0.1055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 OMR
2023 Average 524 OMR
Yearly Trough Low 522 OMR
Transaction Impact: A difference of 3.44 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1048
0.1048
JanuMarcMayJulySeptNove

AED 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 0.1048, compared to 0.1048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1048
H2 Avg (Jul–Dec) 0.1048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0005 OMR (High: 0.1051 / Low: 0.1046). On the other end, February was the most stable month, with a tight range of 0.0001 OMR (High: 0.1048 / Low: 0.1048).

April Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1048) against the same month in 2023 (average: 0.1048), the exchange rate shifted by +0.0000 (+0.01%).

2024 Avg (April) 0.1048
2023 Avg (April) 0.1048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1050 0.1046 0.1048
February 0.1048 0.1048 0.1048
March 0.1049 0.1046 0.1048
April 0.1051 0.1046 0.1048
May 0.1048 0.1046 0.1048
June 0.1048 0.1046 0.1048
July 0.1050 0.1047 0.1048
August 0.1048 0.1047 0.1048
September 0.1048 0.1047 0.1048
October 0.1050 0.1047 0.1048
November 0.1048 0.1045 0.1048
December 0.1048 0.1047 0.1048