YEARLY HIGH
466.7685 DJF
YEARLY LOW
458.4168 DJF
YEARLY AVERAGE
461.9541 DJF

2024 OMR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 466.7685. Conversely, the yearly low was recorded on August 3, dropping to 458.4168.

This high-to-low spread represents a total annual volatility of 8.3517 DJF. From a start-to-finish perspective, comparing the January average rate of 462.1954 to the December average rate of 462.0515, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 466.7685 was down 0.18% compared to the 2023 peak of 467.6293, 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 2,333,843 DJF
2023 Average 2,310,128 DJF
Yearly Trough Low 2,292,084 DJF
Transaction Impact: A difference of 41,758.62 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

462.3438
461.3332
JanuMarcMayJulySeptNove

OMR to DJF 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 461.9685, compared to 461.9398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 461.9685
H2 Avg (Jul–Dec) 461.9398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 5.7699 DJF (High: 464.1867 / Low: 458.4168). On the other end, July was the most stable month, with a tight range of 1.7494 DJF (High: 462.8362 / Low: 461.0869).

August Spread (Volatile) ±5.7699
July Spread (Stable) ±1.7494

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5172 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 462.2596) against the same month in 2023 (average: 462.4741), the exchange rate shifted by -0.2145 (-0.05%).

2024 Avg (February) 462.2596
2023 Avg (February) 462.4741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 463.7062 460.6641 462.1954
February 466.7685 461.6617 462.2596
March 463.8325 460.5133 461.8185
April 464.0193 459.8513 461.9167
May 463.4591 458.5726 461.6895
June 465.5290 459.8107 461.9314
July 462.8362 461.0869 461.9346
August 464.1867 458.4168 461.4174
September 464.9424 461.3616 462.2492
October 464.3825 459.7677 461.9509
November 465.3471 460.5487 462.0350
December 463.3195 460.7101 462.0515