YEARLY HIGH
22532.1557 GNF
YEARLY LOW
22225.7990 GNF
YEARLY AVERAGE
22372.8656 GNF

2024 OMR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 22532.1557. Conversely, the yearly low was recorded on March 23, dropping to 22225.7990.

This high-to-low spread represents a total annual volatility of 306.3566 GNF. From a start-to-finish perspective, comparing the January average rate of 22329.0146 to the December average rate of 22421.2166, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22532.1557 was down 1.44% compared to the 2023 peak of 22861.9528, 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 112,660,778 GNF
2023 Average 111,958,176 GNF
Yearly Trough Low 111,128,995 GNF
Transaction Impact: A difference of 1,531,783.16 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22461.7589
22304.9849
JanuMarcMayJulySeptNove

OMR to GNF 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 22333.9085, compared to 22411.8227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.9142 points.

H1 Avg (Jan–Jun) 22333.9085
H2 Avg (Jul–Dec) 22411.8227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 206.8066 GNF (High: 22452.1910 / Low: 22245.3844). On the other end, September was the most stable month, with a tight range of 78.5747 GNF (High: 22486.8677 / Low: 22408.2930).

August Spread (Volatile) ±206.8066
September Spread (Stable) ±78.5747

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 24.5195 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -24.5195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 22436.5140) against the same month in 2023 (average: 22341.3597), the exchange rate shifted by +95.1543 (+0.43%).

2024 Avg (October) 22436.5140
2023 Avg (October) 22341.3597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22401.9709 22279.7770 22329.0146
February 22490.5641 22315.3576 22347.7632
March 22388.0541 22225.7990 22325.6504
April 22402.0041 22254.4625 22318.0494
May 22375.3562 22261.0947 22329.0527
June 22478.2149 22311.0330 22353.9206
July 22459.4446 22298.0741 22363.6474
August 22452.1910 22245.3844 22388.8693
September 22486.8677 22408.2930 22448.6944
October 22532.1557 22390.3954 22436.5140
November 22527.2227 22335.4458 22411.9945
December 22483.0114 22351.9508 22421.2166