2024 OMR to KWD Historical Review

YEARLY HIGH

0.8016 KWD

YEARLY LOW

0.7906 KWD

YEARLY AVERAGE

0.7972 KWD

2024 OMR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.8016. Conversely, the yearly low was recorded on August 4, dropping to 0.7906.

This high-to-low spread represents a total annual volatility of 0.0109 KWD. From a start-to-finish perspective, comparing the January average rate of 0.7990 to the December average rate of 0.7994, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8016 was down 0.68% compared to the 2023 peak of 0.8070, 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 4,008 KWD

2023 Average 3,992 KWD

Yearly Trough Low 3,953 KWD

Transaction Impact: A difference of 54.73 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8005

0.7923

JanuMarcMayJulySeptNove

OMR to KWD 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 0.7986, compared to 0.7958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.7986

H2 Avg (Jul–Dec) 0.7958

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0066 KWD (High: 0.7996 / Low: 0.7930). On the other end, January was the most stable month, with a tight range of 0.0017 KWD (High: 0.7999 / Low: 0.7982).

November Spread (Volatile) ±0.0066

January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7999) against the same month in 2023 (average: 0.7961), the exchange rate shifted by +0.0038 (+0.47%).

2024 Avg (April) 0.7999

2023 Avg (April) 0.7961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7999	0.7982	0.7990
February	0.8009	0.7970	0.7996
March	0.7997	0.7975	0.7987
April	0.8016	0.7986	0.7999
May	0.8006	0.7967	0.7982
June	0.7981	0.7954	0.7965
July	0.7963	0.7935	0.7945
August	0.7956	0.7906	0.7938
September	0.7946	0.7915	0.7930
October	0.7967	0.7935	0.7959
November	0.7996	0.7930	0.7980
December	0.8013	0.7976	0.7994