2024 OMR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |