YEARLY HIGH
0.0025 OMR
YEARLY LOW
0.0024 OMR
YEARLY AVERAGE
0.0025 OMR

2024 JMD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0025. Conversely, the yearly low was recorded on November 10, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0001 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0025, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0025 was down 1.60% compared to the 2023 peak of 0.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 OMR
2023 Average 12 OMR
Yearly Trough Low 12 OMR
Transaction Impact: A difference of 0.53 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0025
0.0024
JanuMarcMayJulySeptNove

JMD 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 0.0025, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0001 OMR (High: 0.0025 / Low: 0.0025). On the other end, July was the most stable month, with a tight range of 0.0000 OMR (High: 0.0025 / Low: 0.0025).

April Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0025) against the same month in 2023 (average: 0.0025), the exchange rate shifted by -0.0000 (-1.88%).

2024 Avg (April) 0.0025
2023 Avg (April) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0024 0.0025
March 0.0025 0.0025 0.0025
April 0.0025 0.0025 0.0025
May 0.0025 0.0025 0.0025
June 0.0025 0.0025 0.0025
July 0.0025 0.0025 0.0025
August 0.0025 0.0024 0.0025
September 0.0025 0.0024 0.0025
October 0.0024 0.0024 0.0024
November 0.0024 0.0024 0.0024
December 0.0025 0.0024 0.0025