YEARLY HIGH
555.8293 GYD
YEARLY LOW
538.9195 GYD
YEARLY AVERAGE
543.5474 GYD

2024 OMR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 555.8293. Conversely, the yearly low was recorded on August 4, dropping to 538.9195.

This high-to-low spread represents a total annual volatility of 16.9098 GYD. From a start-to-finish perspective, comparing the January average rate of 543.6748 to the December average rate of 543.2578, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 555.8293 was up 0.29% compared to the 2023 peak of 554.2474, 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 2,779,146 GYD
2023 Average 2,729,755 GYD
Yearly Trough Low 2,694,597 GYD
Transaction Impact: A difference of 84,549.11 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

543.9698
543.0030
JanuMarcMayJulySeptNove

OMR to GYD 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 543.6697, compared to 543.4251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2446 points.

H1 Avg (Jan–Jun) 543.6697
H2 Avg (Jul–Dec) 543.4251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 14.7901 GYD (High: 555.8293 / Low: 541.0392). On the other end, July was the most stable month, with a tight range of 1.7427 GYD (High: 543.8549 / Low: 542.1123).

March Spread (Volatile) ±14.7901
July Spread (Stable) ±1.7427

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 November and December, when the average rate fell by 0.3064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 543.8893) against the same month in 2023 (average: 547.7893), the exchange rate shifted by -3.9000 (-0.71%).

2024 Avg (March) 543.8893
2023 Avg (March) 547.7893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 544.4518 542.5100 543.6748
February 548.4451 542.3526 543.7304
March 555.8293 541.0392 543.8893
April 545.1448 542.0183 543.6100
May 544.7853 541.5740 543.5745
June 547.0286 541.9813 543.5392
July 543.8549 542.1123 543.3117
August 544.9725 538.9195 543.0836
September 544.9110 542.1225 543.6220
October 545.5911 542.6826 543.7115
November 546.6636 540.9238 543.5642
December 544.1726 541.2752 543.2578