2024 MAD to OMR Historical Review

YEARLY HIGH

0.0402 OMR

YEARLY LOW

0.0379 OMR

YEARLY AVERAGE

0.0387 OMR

2024 MAD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0402. Conversely, the yearly low was recorded on April 16, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0024 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0384, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0402 was up 0.39% compared to the 2023 peak of 0.0401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 201 OMR

2023 Average 190 OMR

Yearly Trough Low 189 OMR

Transaction Impact: A difference of 11.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0397

0.0380

JanuMarcMayJulySeptNove

MAD 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 0.0384, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0384

H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0015 OMR (High: 0.0402 / Low: 0.0387). On the other end, February was the most stable month, with a tight range of 0.0004 OMR (High: 0.0385 / Low: 0.0380).

August Spread (Volatile) ±0.0015

February Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0395) against the same month in 2023 (average: 0.0389), the exchange rate shifted by +0.0006 (+1.47%).

2024 Avg (August) 0.0395

2023 Avg (August) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0391	0.0384	0.0387
February	0.0385	0.0380	0.0383
March	0.0386	0.0380	0.0383
April	0.0385	0.0379	0.0381
May	0.0389	0.0381	0.0385
June	0.0390	0.0383	0.0387
July	0.0393	0.0386	0.0390
August	0.0402	0.0387	0.0395
September	0.0398	0.0393	0.0396
October	0.0395	0.0387	0.0391
November	0.0392	0.0382	0.0387
December	0.0387	0.0381	0.0384