2024 OMR to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2677.9759. Conversely, the yearly low was recorded on January 1, dropping to 2102.6140.
This high-to-low spread represents a total annual volatility of 575.3620 ARS. From a start-to-finish perspective, comparing the January average rate of 2124.2675 to the December average rate of 2649.4634, the exchange rate registered a net change of 24.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2677.9759 was up 27.24% compared to the 2023 peak of 2104.6573, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
OMR to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2233.9223, compared to 2520.5041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 286.5818 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 69.3916 ARS (High: 2472.1079 / Low: 2402.7164). On the other end, June was the most stable month, with a tight range of 39.5286 ARS (High: 2366.5500 / Low: 2327.0214).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 2649.4634) against the same month in 2023 (average: 1641.4711), the exchange rate shifted by +1007.9922 (+61.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2146.6343 | 2102.6140 | 2124.2675 |
| February | 2188.2563 | 2147.1953 | 2166.9120 |
| March | 2228.4892 | 2187.4035 | 2209.7326 |
| April | 2278.4288 | 2227.6201 | 2254.4001 |
| May | 2322.8314 | 2267.2831 | 2300.8198 |
| June | 2366.5500 | 2327.0214 | 2347.4017 |
| July | 2421.6911 | 2369.0305 | 2395.0885 |
| August | 2472.1079 | 2402.7164 | 2443.7732 |
| September | 2516.2142 | 2474.9813 | 2494.9021 |
| October | 2572.1042 | 2518.7775 | 2543.7007 |
| November | 2625.0900 | 2562.5868 | 2596.0967 |
| December | 2677.9759 | 2627.2374 | 2649.4634 |