YEARLY HIGH
0.0795 OMR
YEARLY LOW
0.0571 OMR
YEARLY AVERAGE
0.0717 OMR

2024 BRL to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0795. Conversely, the yearly low was recorded on December 25, dropping to 0.0571.

This high-to-low spread represents a total annual volatility of 0.0223 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0784 to the December average rate of 0.0629, the exchange rate registered a net change of -19.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0795 was down 2.47% compared to the 2023 peak of 0.0815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,986 OMR
2023 Average 1,928 OMR
Yearly Trough Low 1,428 OMR
Transaction Impact: A difference of 557.89 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0800
0.0613
JanuMarcMayJulySeptNove

BRL 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 0.0758, compared to 0.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.0758
H2 Avg (Jul–Dec) 0.0677

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0075 OMR (High: 0.0646 / Low: 0.0571). On the other end, February was the most stable month, with a tight range of 0.0012 OMR (High: 0.0783 / Low: 0.0771).

December Spread (Volatile) ±0.0075
February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0784) against the same month in 2023 (average: 0.0742), the exchange rate shifted by +0.0042 (+5.65%).

2024 Avg (January) 0.0784
2023 Avg (January) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0795 0.0771 0.0784
February 0.0783 0.0771 0.0775
March 0.0780 0.0765 0.0772
April 0.0768 0.0728 0.0751
May 0.0759 0.0734 0.0749
June 0.0734 0.0688 0.0713
July 0.0711 0.0678 0.0695
August 0.0712 0.0669 0.0693
September 0.0710 0.0679 0.0695
October 0.0710 0.0665 0.0685
November 0.0678 0.0640 0.0663
December 0.0646 0.0571 0.0629