YEARLY HIGH
2.3890 CHF
YEARLY LOW
2.1831 CHF
YEARLY AVERAGE
2.2878 CHF

2024 OMR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 2.3890. Conversely, the yearly low was recorded on January 1, dropping to 2.1831.

This high-to-low spread represents a total annual volatility of 0.2059 CHF. From a start-to-finish perspective, comparing the January average rate of 2.2295 to the December average rate of 2.3172, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3890 was down 2.53% compared to the 2023 peak of 2.4510, 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 11,945 CHF
2023 Average 11,671 CHF
Yearly Trough Low 10,916 CHF
Transaction Impact: A difference of 1,029.26 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3807
2.1843
JanuMarcMayJulySeptNove

OMR to CHF 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 2.3111, compared to 2.2646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0465 points.

H1 Avg (Jan–Jun) 2.3111
H2 Avg (Jul–Dec) 2.2646

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0820 CHF (High: 2.3219 / Low: 2.2399). On the other end, September was the most stable month, with a tight range of 0.0298 CHF (High: 2.2150 / Low: 2.1852).

November Spread (Volatile) ±0.0820
September Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0887 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0887

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.3643) against the same month in 2023 (average: 2.3355), the exchange rate shifted by +0.0288 (+1.23%).

2024 Avg (April) 2.3643
2023 Avg (April) 2.3355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2592 2.1831 2.2295
February 2.3056 2.2279 2.2781
March 2.3526 2.2791 2.3092
April 2.3890 2.3420 2.3643
May 2.3804 2.3401 2.3621
June 2.3456 2.2971 2.3235
July 2.3477 2.2814 2.3166
August 2.2677 2.1865 2.2279
September 2.2150 2.1852 2.2006
October 2.2568 2.1980 2.2374
November 2.3219 2.2399 2.2877
December 2.3578 2.2814 2.3172