2024 OMR to GBP Historical Review

YEARLY HIGH

2.1034 GBP

YEARLY LOW

1.9347 GBP

YEARLY AVERAGE

2.0333 GBP

2024 OMR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 2.1034. Conversely, the yearly low was recorded on September 24, dropping to 1.9347.

This high-to-low spread represents a total annual volatility of 0.1687 GBP. From a start-to-finish perspective, comparing the January average rate of 2.0443 to the December average rate of 2.0563, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1034 was down 4.23% compared to the 2023 peak of 2.1963, 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 10,517 GBP

2023 Average 10,448 GBP

Yearly Trough Low 9,674 GBP

Transaction Impact: A difference of 843.39 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0879

1.9542

JanuMarcMayJulySeptNove

OMR to GBP 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 2.0539, compared to 2.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0411 points.

H1 Avg (Jan–Jun) 2.0539

H2 Avg (Jul–Dec) 2.0128

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0890 GBP (High: 2.0487 / Low: 1.9598). On the other end, January was the most stable month, with a tight range of 0.0254 GBP (High: 2.0582 / Low: 2.0328).

August Spread (Volatile) ±0.0890

January Spread (Stable) ±0.0254

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 0.0418 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.0767) against the same month in 2023 (average: 2.0876), the exchange rate shifted by -0.0109 (-0.52%).

2024 Avg (April) 2.0767

2023 Avg (April) 2.0876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0582	2.0328	2.0443
February	2.0727	2.0380	2.0567
March	2.0656	2.0204	2.0446
April	2.1034	2.0492	2.0767
May	2.0793	2.0343	2.0564
June	2.0583	2.0279	2.0446
July	2.0545	1.9968	2.0186
August	2.0487	1.9598	2.0071
September	1.9924	1.9347	1.9653
October	2.0138	1.9567	1.9912
November	2.0737	1.9912	2.0380
December	2.0783	2.0327	2.0563