YEARLY HIGH
2345.7170 KPW
YEARLY LOW
2330.8212 KPW
YEARLY AVERAGE
2338.1339 KPW

2024 OMR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2345.7170. Conversely, the yearly low was recorded on April 1, dropping to 2330.8212.

This high-to-low spread represents a total annual volatility of 14.8958 KPW. From a start-to-finish perspective, comparing the January average rate of 2338.1056 to the December average rate of 2338.0713, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2345.7170 was down 1.07% compared to the 2023 peak of 2371.0792, 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 11,728,585 KPW
2023 Average 11,691,333 KPW
Yearly Trough Low 11,654,106 KPW
Transaction Impact: A difference of 74,478.78 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2338.6493
2337.6745
JanuMarcMayJulySeptNove

OMR to KPW 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 2338.1976, compared to 2338.0703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1274 points.

H1 Avg (Jan–Jun) 2338.1976
H2 Avg (Jul–Dec) 2338.0703

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 11.4222 KPW (High: 2342.2434 / Low: 2330.8212). On the other end, February was the most stable month, with a tight range of 1.3185 KPW (High: 2339.1205 / Low: 2337.8020).

April Spread (Volatile) ±11.4222
February Spread (Stable) ±1.3185

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 0.5011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2338.1322) against the same month in 2023 (average: 2338.7273), the exchange rate shifted by -0.5951 (-0.03%).

2024 Avg (November) 2338.1322
2023 Avg (November) 2338.7273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2342.9812 2333.7223 2338.1056
February 2339.1205 2337.8020 2338.0477
March 2341.9874 2335.4482 2338.2373
April 2342.2434 2330.8212 2338.0585
May 2341.9691 2337.9052 2338.5681
June 2342.0423 2337.7899 2338.1687
July 2340.4161 2333.4258 2337.9723
August 2340.6292 2337.8445 2338.2334
September 2340.7083 2337.7534 2338.2567
October 2340.4161 2333.9644 2337.7557
November 2345.7170 2337.3406 2338.1322
December 2339.6921 2337.5591 2338.0713