2024 OMR to BOB Historical Review

YEARLY HIGH

18.1153 BOB

YEARLY LOW

17.8013 BOB

YEARLY AVERAGE

17.9577 BOB

2024 OMR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 18.1153. Conversely, the yearly low was recorded on August 4, dropping to 17.8013.

This high-to-low spread represents a total annual volatility of 0.3140 BOB. From a start-to-finish perspective, comparing the January average rate of 17.9485 to the December average rate of 17.9511, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.1153 was down 0.19% compared to the 2023 peak of 18.1507, 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 90,577 BOB

2023 Average 89,733 BOB

Yearly Trough Low 89,007 BOB

Transaction Impact: A difference of 1,569.89 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.9830

17.9360

JanuMarcMayJulySeptNove

OMR to BOB 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 17.9574, compared to 17.9579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 17.9574

H2 Avg (Jul–Dec) 17.9579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2288 BOB (High: 18.0953 / Low: 17.8665). On the other end, July was the most stable month, with a tight range of 0.0495 BOB (High: 17.9620 / Low: 17.9125).

November Spread (Volatile) ±0.2288

July Spread (Stable) ±0.0495

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0251 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 17.9578) against the same month in 2023 (average: 17.9570), the exchange rate shifted by +0.0008 (+0.00%).

2024 Avg (February) 17.9578

2023 Avg (February) 17.9570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9766	17.9184	17.9485
February	18.1153	17.9138	17.9578
March	18.0192	17.8697	17.9510
April	18.0711	17.9264	17.9791
May	17.9832	17.8861	17.9540
June	18.0670	17.9070	17.9541
July	17.9620	17.9125	17.9464
August	18.0125	17.8013	17.9400
September	18.0265	17.9059	17.9614
October	18.0456	17.9318	17.9728
November	18.0953	17.8665	17.9759
December	18.0076	17.8782	17.9511