2024 OMR to AOA Historical Review

YEARLY HIGH

2479.1821 AOA

YEARLY LOW

2151.7588 AOA

YEARLY AVERAGE

2264.3009 AOA

2024 OMR to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 2479.1821. Conversely, the yearly low was recorded on February 19, dropping to 2151.7588.

This high-to-low spread represents a total annual volatility of 327.4234 AOA. From a start-to-finish perspective, comparing the January average rate of 2157.4383 to the December average rate of 2372.6555, the exchange rate registered a net change of 9.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2479.1821 was up 14.08% compared to the 2023 peak of 2173.1243, 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 12,395,911 AOA

2023 Average 8,917,991 AOA

Yearly Trough Low 10,758,794 AOA

Transaction Impact: A difference of 1,637,116.91 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2436.1782

2132.0983

JanuMarcMayJulySeptNove

OMR to AOA 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 2177.5935, compared to 2351.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 173.4149 points.

H1 Avg (Jan–Jun) 2177.5935

H2 Avg (Jul–Dec) 2351.0084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 121.7566 AOA (High: 2479.1821 / Low: 2357.4256). On the other end, November was the most stable month, with a tight range of 7.4381 AOA (High: 2373.5624 / Low: 2366.1243).

October Spread (Volatile) ±121.7566

November Spread (Stable) ±7.4381

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 33.2302 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -33.2302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2377.6080) against the same month in 2023 (average: 2150.3409), the exchange rate shifted by +227.2671 (+10.57%).

2024 Avg (October) 2377.6080

2023 Avg (October) 2150.3409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2162.6635	2151.8648	2157.4383
February	2162.7084	2151.7588	2158.8243
March	2178.6719	2152.2568	2167.8264
April	2176.9513	2160.9872	2170.7389
May	2225.2302	2167.0088	2190.4193
June	2225.2302	2217.4198	2220.3134
July	2281.6463	2235.0317	2264.6512
August	2357.4551	2279.9263	2310.8715
September	2450.0348	2369.9803	2410.8382
October	2479.1821	2357.4256	2377.6080
November	2373.5624	2366.1243	2369.4259
December	2385.4007	2368.7266	2372.6555