2024 OMR to GMD Historical Review

YEARLY HIGH

187.1634 GMD

YEARLY LOW

174.5663 GMD

YEARLY AVERAGE

178.7670 GMD

2024 OMR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 187.1634. Conversely, the yearly low was recorded on January 5, dropping to 174.5663.

This high-to-low spread represents a total annual volatility of 12.5971 GMD. From a start-to-finish perspective, comparing the January average rate of 174.8162 to the December average rate of 186.5570, the exchange rate registered a net change of 6.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 187.1634 was up 6.75% compared to the 2023 peak of 175.3224, 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 935,817 GMD

2023 Average 809,310 GMD

Yearly Trough Low 872,832 GMD

Transaction Impact: A difference of 62,985.49 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

187.7310

173.6421

JanuMarcMayJulySeptNove

OMR to GMD 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 175.9085, compared to 181.6255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7170 points.

H1 Avg (Jan–Jun) 175.9085

H2 Avg (Jul–Dec) 181.6255

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 7.7972 GMD (High: 183.1269 / Low: 175.3297). On the other end, June was the most stable month, with a tight range of 0.3852 GMD (High: 176.3688 / Low: 175.9836).

October Spread (Volatile) ±7.7972

June Spread (Stable) ±0.3852

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7837 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 186.5570) against the same month in 2023 (average: 174.9447), the exchange rate shifted by +11.6123 (+6.64%).

2024 Avg (December) 186.5570

2023 Avg (December) 174.9447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	175.1531	174.5663	174.8162
February	176.5901	174.7584	175.6178
March	176.6899	176.1966	176.4887
April	176.6798	175.7180	176.3818
May	176.6886	175.9923	176.0983
June	176.3688	175.9836	176.0480
July	180.5364	175.6551	176.2043
August	184.4391	179.2380	181.4435
September	184.4395	177.9290	180.7446
October	183.1269	175.3297	179.9609
November	186.3542	183.1074	184.8424
December	187.1634	184.4122	186.5570