YEARLY HIGH
0.1763 OMR
YEARLY LOW
0.1655 OMR
YEARLY AVERAGE
0.1711 OMR

2024 FJD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.1763. Conversely, the yearly low was recorded on December 31, dropping to 0.1655.

This high-to-low spread represents a total annual volatility of 0.0109 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1724 to the December average rate of 0.1668, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1763 was down 1.44% compared to the 2023 peak of 0.1789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 882 OMR
2023 Average 863 OMR
Yearly Trough Low 827 OMR
Transaction Impact: A difference of 54.44 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1751
0.1661
JanuMarcMayJulySeptNove

FJD 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 0.1710, compared to 0.1712 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) 0.1710
H2 Avg (Jul–Dec) 0.1712

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0069 OMR (High: 0.1757 / Low: 0.1688). On the other end, June was the most stable month, with a tight range of 0.0029 OMR (High: 0.1727 / Low: 0.1698).

October Spread (Volatile) ±0.0069
June Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1743) against the same month in 2023 (average: 0.1695), the exchange rate shifted by +0.0048 (+2.85%).

2024 Avg (September) 0.1743
2023 Avg (September) 0.1695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1757 0.1698 0.1724
February 0.1722 0.1693 0.1711
March 0.1728 0.1689 0.1710
April 0.1720 0.1679 0.1698
May 0.1728 0.1680 0.1706
June 0.1727 0.1698 0.1712
July 0.1733 0.1698 0.1716
August 0.1748 0.1696 0.1726
September 0.1763 0.1717 0.1743
October 0.1757 0.1688 0.1724
November 0.1720 0.1676 0.1698
December 0.1700 0.1655 0.1668