2024 OMR to AED Historical Review

YEARLY HIGH

9.5731 AED

YEARLY LOW

9.5105 AED

YEARLY AVERAGE

9.5420 AED

2024 OMR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 9.5731. Conversely, the yearly low was recorded on April 1, dropping to 9.5105.

This high-to-low spread represents a total annual volatility of 0.0626 AED. From a start-to-finish perspective, comparing the January average rate of 9.5418 to the December average rate of 9.5419, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.5731 was down 1.07% compared to the 2023 peak of 9.6764, 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 47,866 AED

2023 Average 47,711 AED

Yearly Trough Low 47,553 AED

Transaction Impact: A difference of 313.02 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.5442

9.5403

JanuMarcMayJulySeptNove

OMR to AED 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 9.5420, compared to 9.5419 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) 9.5420

H2 Avg (Jul–Dec) 9.5419

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0466 AED (High: 9.5572 / Low: 9.5105). On the other end, February was the most stable month, with a tight range of 0.0055 AED (High: 9.5461 / Low: 9.5406).

April Spread (Volatile) ±0.0466

February Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 9.5422) against the same month in 2023 (average: 9.5442), the exchange rate shifted by -0.0020 (-0.02%).

2024 Avg (November) 9.5422

2023 Avg (November) 9.5442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5614	9.5237	9.5418
February	9.5461	9.5406	9.5417
March	9.5561	9.5310	9.5417
April	9.5572	9.5105	9.5407
May	9.5578	9.5408	9.5438
June	9.5581	9.5408	9.5423
July	9.5515	9.5230	9.5415
August	9.5521	9.5410	9.5425
September	9.5525	9.5406	9.5426
October	9.5515	9.5252	9.5407
November	9.5731	9.5389	9.5422
December	9.5487	9.5399	9.5419