YEARLY HIGH
154.3750 PHP
YEARLY LOW
143.6484 PHP
YEARLY AVERAGE
148.8399 PHP

2024 OMR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 154.3750. Conversely, the yearly low was recorded on January 1, dropping to 143.6484.

This high-to-low spread represents a total annual volatility of 10.7266 PHP. From a start-to-finish perspective, comparing the January average rate of 145.3822 to the December average rate of 151.7830, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 154.3750 was up 3.79% compared to the 2023 peak of 148.7421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 771,875 PHP
2023 Average 722,490 PHP
Yearly Trough Low 718,242 PHP
Transaction Impact: A difference of 53,633.18 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

153.2337
144.5269
JanuMarcMayJulySeptNove

OMR to PHP 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: JanтАУJun) was 147.8324, compared to 149.8474 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 2.0150 points.

H1 Avg (JanтАУJun) 147.8324
H2 Avg (JulтАУDec) 149.8474

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 5.9488 PHP (High: 152.0161 / Low: 146.0673). On the other end, June was the most stable month, with a tight range of 1.4084 PHP (High: 153.1365 / Low: 151.7281).

October Spread (Volatile) ┬▒5.9488
June Spread (Stable) ┬▒1.4084

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 3.8774 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 151.7830) against the same month in 2023 (average: 144.2104), the exchange rate shifted by +7.5726 (+5.25%).

2024 Avg (December) 151.7830
2023 Avg (December) 144.2104

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 146.5286 143.6484 145.3822
February 146.4131 144.9350 145.5353
March 146.7058 143.7941 145.2525
April 150.2683 145.6815 148.1858
May 152.1656 148.2412 150.1306
June 153.1365 151.7281 152.5081
July 152.7526 151.1592 151.9043
August 151.4947 145.8578 148.0269
September 146.8480 144.3354 145.5851
October 152.0161 146.0673 149.2980
November 153.4244 151.2999 152.4874
December 154.3750 150.1566 151.7830