2024 OMR to CNY Historical Review

YEARLY HIGH

18.9731 CNY

YEARLY LOW

18.2010 CNY

YEARLY AVERAGE

18.6468 CNY

2024 OMR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 18.9731. Conversely, the yearly low was recorded on October 6, dropping to 18.2010.

This high-to-low spread represents a total annual volatility of 0.7721 CNY. From a start-to-finish perspective, comparing the January average rate of 18.4726 to the December average rate of 18.9163, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.9731 was down 0.52% compared to the 2023 peak of 19.0723, 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 94,865 CNY

2023 Average 91,896 CNY

Yearly Trough Low 91,005 CNY

Transaction Impact: A difference of 3,860.26 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.9700

18.3260

JanuMarcMayJulySeptNove

OMR to CNY 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 18.6523, compared to 18.6414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 18.6523

H2 Avg (Jul–Dec) 18.6414

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.4581 CNY (High: 18.8931 / Low: 18.4349). On the other end, December was the most stable month, with a tight range of 0.1585 CNY (High: 18.9731 / Low: 18.8145).

June Spread (Volatile) ±0.4581

December Spread (Stable) ±0.1585

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 0.2850 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.9163) against the same month in 2023 (average: 18.4899), the exchange rate shifted by +0.4265 (+2.31%).

2024 Avg (December) 18.9163

2023 Avg (December) 18.4899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6879	18.3550	18.4726
February	18.7005	18.4465	18.5947
March	18.7783	18.5226	18.6976
April	18.8335	18.4216	18.7785
May	18.8179	18.3848	18.6222
June	18.8931	18.4349	18.7482
July	18.9022	18.5461	18.8510
August	18.8173	18.4261	18.5660
September	18.5011	18.2085	18.3797
October	18.5212	18.2010	18.4152
November	18.8238	18.4372	18.7202
December	18.9731	18.8145	18.9163