2024 AFN to OMR Historical Review

YEARLY HIGH

0.0059 OMR

YEARLY LOW

0.0051 OMR

YEARLY AVERAGE

0.0055 OMR

2024 AFN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0059. Conversely, the yearly low was recorded on February 3, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0008 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0055, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0059 was up 5.59% compared to the 2023 peak of 0.0056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 OMR

2023 Average 23 OMR

Yearly Trough Low 26 OMR

Transaction Impact: A difference of 4.00 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0058

0.0052

JanuMarcMayJulySeptNove

AFN 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 0.0054, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0054

H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0003 OMR (High: 0.0055 / Low: 0.0052). On the other end, July was the most stable month, with a tight range of 0.0001 OMR (High: 0.0055 / Low: 0.0054).

January Spread (Volatile) ±0.0003

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0057) against the same month in 2023 (average: 0.0051), the exchange rate shifted by +0.0006 (+12.60%).

2024 Avg (October) 0.0057

2023 Avg (October) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0052	0.0054
February	0.0053	0.0051	0.0053
March	0.0054	0.0053	0.0053
April	0.0054	0.0053	0.0054
May	0.0055	0.0053	0.0054
June	0.0055	0.0054	0.0055
July	0.0055	0.0054	0.0054
August	0.0055	0.0054	0.0054
September	0.0057	0.0054	0.0055
October	0.0059	0.0056	0.0057
November	0.0058	0.0056	0.0057
December	0.0057	0.0055	0.0055