2024 OMR to EGP Historical Review

YEARLY HIGH

132.6655 EGP

YEARLY LOW

79.8977 EGP

YEARLY AVERAGE

117.7219 EGP

2024 OMR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 132.6655. Conversely, the yearly low was recorded on January 5, dropping to 79.8977.

This high-to-low spread represents a total annual volatility of 52.7678 EGP. From a start-to-finish perspective, comparing the January average rate of 80.2474 to the December average rate of 131.3652, the exchange rate registered a net change of 63.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 132.6655 was up 63.69% compared to the 2023 peak of 81.0456, 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 663,328 EGP

2023 Average 398,181 EGP

Yearly Trough Low 399,489 EGP

Transaction Impact: A difference of 263,839.16 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

136.4770

75.1356

JanuMarcMayJulySeptNove

OMR to EGP 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 108.1286, compared to 127.3152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.1866 points.

H1 Avg (Jan–Jun) 108.1286

H2 Avg (Jul–Dec) 127.3152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 48.5322 EGP (High: 128.7257 / Low: 80.1934). On the other end, January was the most stable month, with a tight range of 0.5801 EGP (High: 80.4778 / Low: 79.8977).

March Spread (Volatile) ±48.5322

January Spread (Stable) ±0.5801

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 1.3412 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 131.3652) against the same month in 2023 (average: 80.2605), the exchange rate shifted by +51.1048 (+63.67%).

2024 Avg (December) 131.3652

2023 Avg (December) 80.2605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.4778	79.8977	80.2474
February	81.0425	80.0989	80.2967
March	128.7257	80.1934	117.2293
April	126.0050	122.4970	124.1978
May	124.7177	121.1678	122.8567
June	125.6837	122.3527	123.9438
July	126.1570	124.5117	125.1458
August	128.2633	126.1981	127.0490
September	126.5079	125.4187	125.8682
October	127.1399	125.2628	126.1960
November	129.1348	126.7267	128.2668
December	132.6655	129.1369	131.3652