YEARLY HIGH
0.0223 OMR
YEARLY LOW
0.0208 OMR
YEARLY AVERAGE
0.0217 OMR

2024 MDL to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0223. Conversely, the yearly low was recorded on December 28, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0015 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0210, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0223 was up 0.26% compared to the 2023 peak of 0.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112 OMR
2023 Average 106 OMR
Yearly Trough Low 104 OMR
Transaction Impact: A difference of 7.32 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0223
0.0209
JanuMarcMayJulySeptNove

MDL 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 0.0218, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0218
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0008 OMR (High: 0.0222 / Low: 0.0214). On the other end, February was the most stable month, with a tight range of 0.0002 OMR (High: 0.0217 / Low: 0.0215).

October Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, 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 (August 2024: 0.0220) against the same month in 2023 (average: 0.0218), the exchange rate shifted by +0.0002 (+1.08%).

2024 Avg (August) 0.0220
2023 Avg (August) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0223 0.0217 0.0218
February 0.0217 0.0215 0.0216
March 0.0219 0.0217 0.0218
April 0.0220 0.0215 0.0217
May 0.0219 0.0217 0.0218
June 0.0220 0.0215 0.0217
July 0.0219 0.0216 0.0217
August 0.0223 0.0217 0.0220
September 0.0223 0.0220 0.0221
October 0.0222 0.0214 0.0218
November 0.0217 0.0210 0.0213
December 0.0211 0.0208 0.0210