2024 OMR to IDR Historical Review

YEARLY HIGH

42865.0400 IDR

YEARLY LOW

39289.1005 IDR

YEARLY AVERAGE

41218.3553 IDR

2024 OMR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 42865.0400. Conversely, the yearly low was recorded on September 28, dropping to 39289.1005.

This high-to-low spread represents a total annual volatility of 3575.9394 IDR. From a start-to-finish perspective, comparing the January average rate of 40581.6570 to the December average rate of 41738.8533, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 42865.0400 was up 3.57% compared to the 2023 peak of 41389.1179, 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 214,325,200 IDR

2023 Average 198,001,348 IDR

Yearly Trough Low 196,445,503 IDR

Transaction Impact: A difference of 17,879,697.20 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42776.8904

39566.3693

JanuMarcMayJulySeptNove

OMR to IDR 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 41366.8354, compared to 41069.8751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 296.9603 points.

H1 Avg (Jan–Jun) 41366.8354

H2 Avg (Jul–Dec) 41069.8751

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2302.5607 IDR (High: 42311.6010 / Low: 40009.0403). On the other end, February was the most stable month, with a tight range of 501.2233 IDR (High: 40982.3864 / Low: 40481.1632).

August Spread (Volatile) ±2302.5607

February Spread (Stable) ±501.2233

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 1272.2698 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1272.2698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 42509.3469) against the same month in 2023 (average: 38833.1643), the exchange rate shifted by +3676.1826 (+9.47%).

2024 Avg (June) 42509.3469

2023 Avg (June) 38833.1643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41135.8670	39906.6511	40581.6570
February	40982.3864	40481.1632	40691.3424
March	41306.3810	40340.2033	40832.2582
April	42444.7473	41271.5259	41844.3849
May	42242.3272	41382.4999	41742.0229
June	42865.0400	42109.9346	42509.3469
July	42595.8393	41852.4481	42212.1104
August	42311.6010	40009.0403	40939.8406
September	40409.0875	39289.1005	39833.9128
October	40966.4891	39689.8171	40541.4531
November	41513.8133	40449.7077	41153.0806
December	42435.9108	41152.0694	41738.8533