2024 OMR to CDF Historical Review

YEARLY HIGH

7475.0630 CDF

YEARLY LOW

6910.2217 CDF

YEARLY AVERAGE

7313.7439 CDF

2024 OMR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 7475.0630. Conversely, the yearly low was recorded on January 20, dropping to 6910.2217.

This high-to-low spread represents a total annual volatility of 564.8414 CDF. From a start-to-finish perspective, comparing the January average rate of 7071.0643 to the December average rate of 7414.7443, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 7475.0630 was up 3.04% compared to the 2023 peak of 7254.7574, 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 37,375,315 CDF

2023 Average 30,359,040 CDF

Yearly Trough Low 34,551,108 CDF

Transaction Impact: A difference of 2,824,206.76 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7467.9846

7034.9807

JanuMarcMayJulySeptNove

OMR to CDF 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 7218.7039, compared to 7408.7839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 190.0799 points.

H1 Avg (Jan–Jun) 7218.7039

H2 Avg (Jul–Dec) 7408.7839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 239.9243 CDF (High: 7150.1459 / Low: 6910.2217). On the other end, February was the most stable month, with a tight range of 69.2168 CDF (High: 7194.6324 / Low: 7125.4156).

January Spread (Volatile) ±239.9243

February Spread (Stable) ±69.2168

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 17.1566 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -17.1566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 7416.8040) against the same month in 2023 (average: 6541.6439), the exchange rate shifted by +875.1601 (+13.38%).

2024 Avg (October) 7416.8040

2023 Avg (October) 6541.6439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7150.1459	6910.2217	7071.0643
February	7194.6324	7125.4156	7160.3992
March	7258.6303	7176.1031	7207.5838
April	7323.3565	7206.2834	7252.0361
May	7342.0905	7231.7139	7263.8676
June	7407.6930	7262.7891	7357.2726
July	7456.8513	7346.3564	7387.5359
August	7468.4636	7304.8635	7401.6418
September	7445.2038	7357.6512	7400.0762
October	7475.0630	7372.0983	7416.8040
November	7471.0417	7384.9205	7431.9009
December	7458.8874	7360.4597	7414.7443