YEARLY HIGH
158.7297 DOP
YEARLY LOW
150.5383 DOP
YEARLY AVERAGE
154.4126 DOP

2024 OMR to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 158.7297. Conversely, the yearly low was recorded on May 4, dropping to 150.5383.

This high-to-low spread represents a total annual volatility of 8.1915 DOP. From a start-to-finish perspective, comparing the January average rate of 152.2305 to the December average rate of 157.6747, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 158.7297 was up 5.16% compared to the 2023 peak of 150.9425, 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 793,649 DOP
2023 Average 727,349 DOP
Yearly Trough Low 752,691 DOP
Transaction Impact: A difference of 40,957.45 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

158.2490
151.3570
JanuMarcMayJulySeptNove

OMR to DOP 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 152.8960, compared to 155.9292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0333 points.

H1 Avg (Jan–Jun) 152.8960
H2 Avg (Jul–Dec) 155.9292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 3.3962 DOP (High: 153.9345 / Low: 150.5383). On the other end, October was the most stable month, with a tight range of 0.9064 DOP (High: 157.2071 / Low: 156.3006).

May Spread (Volatile) ±3.3962
October Spread (Stable) ±0.9064

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.5570 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.5570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 157.6747) against the same month in 2023 (average: 148.9140), the exchange rate shifted by +8.7607 (+5.88%).

2024 Avg (December) 157.6747
2023 Avg (December) 148.9140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 153.2750 150.5954 152.2305
February 153.1328 151.9112 152.4881
March 154.1675 152.3293 153.3065
April 154.3971 151.9476 153.4883
May 153.9345 150.5383 151.9313
June 155.5062 153.0017 153.9310
July 154.1001 153.1037 153.6553
August 155.7535 153.1306 154.8524
September 156.9631 154.9615 155.9043
October 157.2071 156.3006 156.7130
November 157.3092 156.1091 156.7757
December 158.7297 156.6527 157.6747