2024 OMR to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 419.7776. Conversely, the yearly low was recorded on September 16, dropping to 365.8101.
This high-to-low spread represents a total annual volatility of 53.9676 JPY. From a start-to-finish perspective, comparing the January average rate of 379.7349 to the December average rate of 400.1710, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 419.7776 was up 6.46% compared to the 2023 peak of 394.3163, 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 JPY 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 395.5195, compared to 391.5116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 30.6968 JPY (High: 419.7776 / Low: 389.0809). On the other end, February was the most stable month, with a tight range of 11.0859 JPY (High: 391.5619 / Low: 380.4760).
Growth Streaks & Declines
TrendsBetween January and June, 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 July and August, when the average rate fell by 29.3899 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 409.2865) against the same month in 2023 (average: 366.7373), the exchange rate shifted by +42.5492 (+11.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 385.1257 | 365.9147 | 379.7349 |
| February | 391.5619 | 380.4760 | 388.6873 |
| March | 393.8961 | 381.2419 | 389.0946 |
| April | 411.2158 | 392.6035 | 400.1783 |
| May | 409.4979 | 397.6106 | 404.6599 |
| June | 418.3980 | 402.9379 | 410.7623 |
| July | 419.7776 | 389.0809 | 409.2865 |
| August | 387.6784 | 373.9964 | 379.8967 |
| September | 381.2074 | 365.8101 | 371.6900 |
| October | 398.0717 | 373.3556 | 389.4074 |
| November | 406.4713 | 389.1043 | 398.6181 |
| December | 410.3117 | 388.3540 | 400.1710 |