2024 OMR to AFN Historical Review

YEARLY HIGH

195.4834 AFN

YEARLY LOW

169.0656 AFN

YEARLY AVERAGE

183.1847 AFN

2024 OMR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 195.4834. Conversely, the yearly low was recorded on October 17, dropping to 169.0656.

This high-to-low spread represents a total annual volatility of 26.4178 AFN. From a start-to-finish perspective, comparing the January average rate of 185.8418 to the December average rate of 180.3609, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 195.4834 was down 17.74% compared to the 2023 peak of 237.6432, 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 977,417 AFN

2023 Average 1,074,405 AFN

Yearly Trough Low 845,328 AFN

Transaction Impact: A difference of 132,089.07 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

191.6643

172.6837

JanuMarcMayJulySeptNove

OMR to AFN 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 186.5694, compared to 179.7999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7695 points.

H1 Avg (Jan–Jun) 186.5694

H2 Avg (Jul–Dec) 179.7999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 11.3849 AFN (High: 193.0854 / Low: 181.7005). On the other end, July was the most stable month, with a tight range of 2.7234 AFN (High: 184.9057 / Low: 182.1823).

January Spread (Volatile) ±11.3849

July Spread (Stable) ±2.7234

Growth Streaks & Declines

Trends

Between June and August, 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 6.3210 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.3210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 190.0826) against the same month in 2023 (average: 232.9529), the exchange rate shifted by -42.8703 (-18.40%).

2024 Avg (February) 190.0826

2023 Avg (February) 232.9529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	193.0854	181.7005	185.8418
February	195.4834	187.5350	190.0826
March	189.6409	184.3631	187.5316
April	187.9492	184.8149	186.4887
May	187.8900	183.1626	186.2383
June	186.4040	181.2543	183.2333
July	184.9057	182.1823	183.8226
August	184.8839	181.8361	183.9373
September	184.4419	176.6404	180.5864
October	178.6869	169.0656	174.2654
November	177.6040	173.6057	175.8270
December	183.1164	175.3242	180.3609