2024 JOD to OMR Historical Review

YEARLY HIGH

0.5447 OMR

YEARLY LOW

0.5411 OMR

YEARLY AVERAGE

0.5430 OMR

2024 JOD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.5447. Conversely, the yearly low was recorded on November 3, dropping to 0.5411.

This high-to-low spread represents a total annual volatility of 0.0036 OMR. From a start-to-finish perspective, comparing the January average rate of 0.5426 to the December average rate of 0.5427, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5447 was down 0.25% compared to the 2023 peak of 0.5461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,723 OMR

2023 Average 2,714 OMR

Yearly Trough Low 2,705 OMR

Transaction Impact: A difference of 18.06 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5432

0.5425

JanuMarcMayJulySeptNove

JOD 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 0.5429, compared to 0.5430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5429

H2 Avg (Jul–Dec) 0.5430

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0026 OMR (High: 0.5447 / Low: 0.5421). On the other end, February was the most stable month, with a tight range of 0.0003 OMR (High: 0.5430 / Low: 0.5427).

April Spread (Volatile) ±0.0026

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5431) against the same month in 2023 (average: 0.5426), the exchange rate shifted by +0.0005 (+0.10%).

2024 Avg (April) 0.5431

2023 Avg (April) 0.5426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5435	0.5415	0.5426
February	0.5430	0.5427	0.5429
March	0.5436	0.5421	0.5429
April	0.5447	0.5421	0.5431
May	0.5432	0.5421	0.5429
June	0.5432	0.5421	0.5431
July	0.5442	0.5425	0.5432
August	0.5433	0.5426	0.5431
September	0.5434	0.5425	0.5431
October	0.5443	0.5428	0.5432
November	0.5430	0.5411	0.5428
December	0.5430	0.5423	0.5427