2024 OMR to COP Historical Review

YEARLY HIGH

11708.5609 COP

YEARLY LOW

9756.9693 COP

YEARLY AVERAGE

10578.7721 COP

2024 OMR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 11708.5609. Conversely, the yearly low was recorded on April 8, dropping to 9756.9693.

This high-to-low spread represents a total annual volatility of 1951.5916 COP. From a start-to-finish perspective, comparing the January average rate of 10182.7340 to the December average rate of 11408.9872, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11708.5609 was down 9.35% compared to the 2023 peak of 12916.1707, 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 58,542,805 COP

2023 Average 56,151,276 COP

Yearly Trough Low 48,784,846 COP

Transaction Impact: A difference of 9,757,958.09 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11586.3339

9900.4491

JanuMarcMayJulySeptNove

OMR to COP 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 10188.4912, compared to 10969.0529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 780.5617 points.

H1 Avg (Jan–Jun) 10188.4912

H2 Avg (Jul–Dec) 10969.0529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 858.9377 COP (High: 10854.2387 / Low: 9995.3010). On the other end, February was the most stable month, with a tight range of 192.1128 COP (High: 10300.8176 / Low: 10108.7048).

June Spread (Volatile) ±858.9377

February Spread (Stable) ±192.1128

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 86.4304 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -86.4304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 11445.8435) against the same month in 2023 (average: 10473.4603), the exchange rate shifted by +972.3832 (+9.28%).

2024 Avg (November) 11445.8435

2023 Avg (November) 10473.4603

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10306.7372	10081.3477	10182.7340
February	10300.8176	10108.7048	10204.5579
March	10242.4995	9985.4867	10127.6131
April	10301.8532	9756.9693	10041.1827
May	10147.4669	9892.4483	10040.9395
June	10854.2387	9995.3010	10533.9201
July	10753.6835	10252.2798	10491.8926
August	10774.3360	10390.6224	10538.3440
September	11156.8123	10737.7134	10870.3743
October	11459.8457	10768.7937	11058.8758
November	11708.5609	11241.6866	11445.8435
December	11602.7599	11185.9107	11408.9872