2024 OMR to EUR Historical Review

YEARLY HIGH

2.5097 EUR

YEARLY LOW

2.3189 EUR

YEARLY AVERAGE

2.4013 EUR

2024 OMR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5097. Conversely, the yearly low was recorded on August 23, dropping to 2.3189.

This high-to-low spread represents a total annual volatility of 0.1908 EUR. From a start-to-finish perspective, comparing the January average rate of 2.3812 to the December average rate of 2.4808, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5097 was up 1.16% compared to the 2023 peak of 2.4809, 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 12,548 EUR

2023 Average 12,004 EUR

Yearly Trough Low 11,595 EUR

Transaction Impact: A difference of 953.90 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4951

2.3242

JanuMarcMayJulySeptNove

OMR to EUR 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 2.4030, compared to 2.3996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 2.4030

H2 Avg (Jul–Dec) 2.3996

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1190 EUR (High: 2.4942 / Low: 2.3752). On the other end, March was the most stable month, with a tight range of 0.0370 EUR (High: 2.4087 / Low: 2.3718).

November Spread (Volatile) ±0.1190

March Spread (Stable) ±0.0370

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 0.0365 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4808) against the same month in 2023 (average: 2.3781), the exchange rate shifted by +0.1027 (+4.32%).

2024 Avg (December) 2.4808

2023 Avg (December) 2.3781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4043	2.3495	2.3812
February	2.4260	2.3889	2.4066
March	2.4087	2.3718	2.3899
April	2.4461	2.3916	2.4231
May	2.4237	2.3862	2.4030
June	2.4322	2.3817	2.4141
July	2.4196	2.3743	2.3933
August	2.4083	2.3189	2.3568
September	2.3594	2.3213	2.3385
October	2.4097	2.3474	2.3837
November	2.4942	2.3752	2.4446
December	2.5097	2.4535	2.4808