2024 GMD to OMR Historical Review

YEARLY HIGH

0.0057 OMR

YEARLY LOW

0.0053 OMR

YEARLY AVERAGE

0.0056 OMR

2024 GMD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0057. Conversely, the yearly low was recorded on December 26, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0004 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0054, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0057 was down 11.76% compared to the 2023 peak of 0.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 OMR

2023 Average 31 OMR

Yearly Trough Low 27 OMR

Transaction Impact: A difference of 1.93 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0058

0.0053

JanuMarcMayJulySeptNove

GMD 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 0.0057, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0057

H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 OMR (High: 0.0057 / Low: 0.0055). On the other end, June was the most stable month, with a tight range of 0.0000 OMR (High: 0.0057 / Low: 0.0057).

October Spread (Volatile) ±0.0002

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0057) against the same month in 2023 (average: 0.0062), the exchange rate shifted by -0.0005 (-7.84%).

2024 Avg (January) 0.0057

2023 Avg (January) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

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