2024 OMR to DKK Historical Review

YEARLY HIGH

18.7234 DKK

YEARLY LOW

17.3107 DKK

YEARLY AVERAGE

17.9145 DKK

2024 OMR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 18.7234. Conversely, the yearly low was recorded on September 24, dropping to 17.3107.

This high-to-low spread represents a total annual volatility of 1.4127 DKK. From a start-to-finish perspective, comparing the January average rate of 17.7607 to the December average rate of 18.5045, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.7234 was up 1.18% compared to the 2023 peak of 18.5044, 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 93,617 DKK

2023 Average 89,502 DKK

Yearly Trough Low 86,553 DKK

Transaction Impact: A difference of 7,063.45 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.6101

17.3423

JanuMarcMayJulySeptNove

OMR to DKK 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 17.9251, compared to 17.9039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 17.9251

H2 Avg (Jul–Dec) 17.9039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8862 DKK (High: 18.6004 / Low: 17.7143). On the other end, May was the most stable month, with a tight range of 0.2730 DKK (High: 18.0759 / Low: 17.8028).

November Spread (Volatile) ±0.8862

May Spread (Stable) ±0.2730

Growth Streaks & Declines

Trends

Between September and December, 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 0.2713 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.5045) against the same month in 2023 (average: 17.7361), the exchange rate shifted by +0.7684 (+4.33%).

2024 Avg (December) 18.5045

2023 Avg (December) 17.7361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9244	17.5161	17.7607
February	18.0833	17.8072	17.9433
March	17.9664	17.6836	17.8282
April	18.2508	17.8380	18.0777
May	18.0759	17.8028	17.9301
June	18.1430	17.7637	18.0108
July	18.0469	17.7128	17.8603
August	17.9706	17.3150	17.5890
September	17.6065	17.3107	17.4480
October	17.9735	17.5088	17.7830
November	18.6004	17.7143	18.2387
December	18.7234	18.2981	18.5045