2024 KWD to OMR Historical Review

YEARLY HIGH

1.2648 OMR

YEARLY LOW

1.2476 OMR

YEARLY AVERAGE

1.2544 OMR

2024 KWD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.2648. Conversely, the yearly low was recorded on April 28, dropping to 1.2476.

This high-to-low spread represents a total annual volatility of 0.0173 OMR. From a start-to-finish perspective, comparing the January average rate of 1.2515 to the December average rate of 1.2509, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2648 was down 0.04% compared to the 2023 peak of 1.2654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,324 OMR

2023 Average 6,262 OMR

Yearly Trough Low 6,238 OMR

Transaction Impact: A difference of 86.37 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2621

1.2492

JanuMarcMayJulySeptNove

KWD 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 1.2521, compared to 1.2567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 1.2521

H2 Avg (Jul–Dec) 1.2567

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0105 OMR (High: 1.2611 / Low: 1.2506). On the other end, January was the most stable month, with a tight range of 0.0027 OMR (High: 1.2528 / Low: 1.2501).

November Spread (Volatile) ±0.0105

January Spread (Stable) ±0.0027

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 September and October, when the average rate fell by 0.0046 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.2597) against the same month in 2023 (average: 1.2503), the exchange rate shifted by +0.0094 (+0.75%).

2024 Avg (August) 1.2597

2023 Avg (August) 1.2503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2528	1.2501	1.2515
February	1.2547	1.2486	1.2506
March	1.2538	1.2504	1.2520
April	1.2522	1.2476	1.2502
May	1.2551	1.2491	1.2529
June	1.2572	1.2530	1.2555
July	1.2602	1.2559	1.2587
August	1.2648	1.2569	1.2597
September	1.2633	1.2586	1.2611
October	1.2602	1.2551	1.2565
November	1.2611	1.2506	1.2531
December	1.2538	1.2479	1.2509