YEARLY HIGH
0.1080 OMR
YEARLY LOW
0.1004 OMR
YEARLY AVERAGE
0.1040 OMR

2024 ILS to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.1080. Conversely, the yearly low was recorded on August 6, dropping to 0.1004.

This high-to-low spread represents a total annual volatility of 0.0076 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1038 to the December average rate of 0.1062, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1080 was down 5.62% compared to the 2023 peak of 0.1145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 540 OMR
2023 Average 523 OMR
Yearly Trough Low 502 OMR
Transaction Impact: A difference of 37.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1066
0.1018
JanuMarcMayJulySeptNove

ILS 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 0.1042, compared to 0.1039 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) 0.1042
H2 Avg (Jul–Dec) 0.1039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0057 OMR (High: 0.1061 / Low: 0.1004). On the other end, May was the most stable month, with a tight range of 0.0027 OMR (High: 0.1052 / Low: 0.1025).

August Spread (Volatile) ±0.0057
May Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1062) against the same month in 2023 (average: 0.1051), the exchange rate shifted by +0.0012 (+1.10%).

2024 Avg (December) 0.1062
2023 Avg (December) 0.1051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1070 0.1014 0.1038
February 0.1078 0.1041 0.1056
March 0.1079 0.1041 0.1060
April 0.1050 0.1006 0.1024
May 0.1052 0.1025 0.1040
June 0.1049 0.1022 0.1031
July 0.1066 0.1021 0.1048
August 0.1061 0.1004 0.1034
September 0.1059 0.1017 0.1032
October 0.1040 0.1009 0.1022
November 0.1059 0.1024 0.1035
December 0.1080 0.1045 0.1062