YEARLY HIGH
352.7981 DZD
YEARLY LOW
343.1426 DZD
YEARLY AVERAGE
348.4561 DZD

2024 OMR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 352.7981. Conversely, the yearly low was recorded on September 28, dropping to 343.1426.

This high-to-low spread represents a total annual volatility of 9.6555 DZD. From a start-to-finish perspective, comparing the January average rate of 349.4861 to the December average rate of 348.8968, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 352.7981 was down 1.59% compared to the 2023 peak of 358.5042, 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 1,763,990 DZD
2023 Average 1,765,850 DZD
Yearly Trough Low 1,715,713 DZD
Transaction Impact: A difference of 48,277.40 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

350.2074
343.6509
JanuMarcMayJulySeptNove

OMR to DZD 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 349.5809, compared to 347.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2495 points.

H1 Avg (Jan–Jun) 349.5809
H2 Avg (Jul–Dec) 347.3314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 6.5790 DZD (High: 352.7981 / Low: 346.2191). On the other end, June was the most stable month, with a tight range of 1.3611 DZD (High: 350.3365 / Low: 348.9753).

December Spread (Volatile) ±6.5790
June Spread (Stable) ±1.3611

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 August and September, when the average rate fell by 4.4658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.4658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 348.8968) against the same month in 2023 (average: 349.3981), the exchange rate shifted by -0.5013 (-0.14%).

2024 Avg (December) 348.8968
2023 Avg (December) 349.3981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 350.2123 348.6067 349.4861
February 352.0176 348.5497 349.6436
March 350.2595 348.3925 349.5683
April 350.2556 348.6315 349.6610
May 350.2128 348.8326 349.5199
June 350.3365 348.9753 349.6065
July 350.0757 348.3994 349.1718
August 350.0784 347.3611 348.6631
September 347.8569 343.1426 344.1973
October 347.4817 344.8479 346.2311
November 348.9058 345.4787 346.8284
December 352.7981 346.2191 348.8968