YEARLY HIGH
222.8255 INR
YEARLY LOW
214.8935 INR
YEARLY AVERAGE
217.3817 INR

2024 OMR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 222.8255. Conversely, the yearly low was recorded on March 7, dropping to 214.8935.

This high-to-low spread represents a total annual volatility of 7.9320 INR. From a start-to-finish perspective, comparing the January average rate of 215.9066 to the December average rate of 220.8325, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 222.8255 was up 2.48% compared to the 2023 peak of 217.4428, 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 1,114,128 INR
2023 Average 1,072,620 INR
Yearly Trough Low 1,074,468 INR
Transaction Impact: A difference of 39,659.96 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

221.3613
215.0162
JanuMarcMayJulySeptNove

OMR to INR 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 216.2390, compared to 218.5243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2853 points.

H1 Avg (Jan–Jun) 216.2390
H2 Avg (Jul–Dec) 218.5243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.1124 INR (High: 222.8255 / Low: 219.7131). On the other end, February was the most stable month, with a tight range of 0.5327 INR (High: 215.7960 / Low: 215.2633).

December Spread (Volatile) ±3.1124
February Spread (Stable) ±0.5327

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.3617 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 220.8325) against the same month in 2023 (average: 216.2216), the exchange rate shifted by +4.6109 (+2.13%).

2024 Avg (December) 220.8325
2023 Avg (December) 216.2216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 216.5271 215.2389 215.9066
February 215.7960 215.2633 215.5449
March 217.5528 214.8935 215.7931
April 217.5980 216.0230 216.7027
May 217.1052 215.8043 216.6026
June 217.3586 215.8696 216.8841
July 217.6188 216.4184 217.1817
August 218.2624 217.5432 217.9341
September 218.3006 216.8748 217.7203
October 218.7502 217.8572 218.3085
November 219.7135 218.4054 219.1690
December 222.8255 219.7131 220.8325