2024 OMR to CRC Historical Review

YEARLY HIGH

1389.7952 CRC

YEARLY LOW

1293.9779 CRC

YEARLY AVERAGE

1339.3957 CRC

2024 OMR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 1389.7952. Conversely, the yearly low was recorded on April 4, dropping to 1293.9779.

This high-to-low spread represents a total annual volatility of 95.8173 CRC. From a start-to-finish perspective, comparing the January average rate of 1343.0415 to the December average rate of 1314.0931, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1389.7952 was down 9.64% compared to the 2023 peak of 1538.1323, 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 6,948,976 CRC

2023 Average 7,034,824 CRC

Yearly Trough Low 6,469,890 CRC

Transaction Impact: A difference of 479,086.41 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1373.8104

1303.6044

JanuMarcMayJulySeptNove

OMR to CRC 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 1335.1029, compared to 1343.6886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5856 points.

H1 Avg (Jan–Jun) 1335.1029

H2 Avg (Jul–Dec) 1343.6886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 35.9574 CRC (High: 1389.7952 / Low: 1353.8379). On the other end, November was the most stable month, with a tight range of 19.7918 CRC (High: 1336.5526 / Low: 1316.7608).

July Spread (Volatile) ±35.9574

November Spread (Stable) ±19.7918

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 18.6683 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.6683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1367.9599) against the same month in 2023 (average: 1403.3037), the exchange rate shifted by -35.3438 (-2.52%).

2024 Avg (July) 1367.9599

2023 Avg (July) 1403.3037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1353.6399	1326.9116	1343.0415
February	1350.3340	1329.8987	1339.8202
March	1335.9008	1305.2281	1321.1519
April	1323.9992	1293.9779	1309.4549
May	1353.2610	1324.0518	1331.9442
June	1381.9180	1352.5471	1365.2048
July	1389.7952	1353.8379	1367.9599
August	1376.1338	1342.9787	1363.0893
September	1368.1681	1343.0571	1349.6207
October	1352.6850	1330.1543	1341.0301
November	1336.5526	1316.7608	1326.3382
December	1322.5395	1302.0354	1314.0931