2024 OMR to LAK Historical Review

YEARLY HIGH

57656.5390 LAK

YEARLY LOW

53310.3909 LAK

YEARLY AVERAGE

56073.2608 LAK

2024 OMR to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 57656.5390. Conversely, the yearly low was recorded on January 6, dropping to 53310.3909.

This high-to-low spread represents a total annual volatility of 4346.1481 LAK. From a start-to-finish perspective, comparing the January average rate of 53641.6834 to the December average rate of 56867.6440, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 57656.5390 was up 6.92% compared to the 2023 peak of 53923.1296, 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 288,282,695 LAK

2023 Average 242,881,458 LAK

Yearly Trough Low 266,551,955 LAK

Transaction Impact: A difference of 21,730,740.43 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57891.5731

53255.3298

JanuMarcMayJulySeptNove

OMR to LAK 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 54915.3698, compared to 57231.1519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2315.7821 points.

H1 Avg (Jan–Jun) 54915.3698

H2 Avg (Jul–Dec) 57231.1519

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1569.5908 LAK (High: 57350.8594 / Low: 55781.2686). On the other end, July was the most stable month, with a tight range of 337.3759 LAK (High: 57630.7386 / Low: 57293.3627).

June Spread (Volatile) ±1569.5908

July Spread (Stable) ±337.3759

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 311.2488 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -311.2488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 57469.0522) against the same month in 2023 (average: 50495.0501), the exchange rate shifted by +6974.0021 (+13.81%).

2024 Avg (August) 57469.0522

2023 Avg (August) 50495.0501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53881.4707	53310.3909	53641.6834
February	54437.0365	53876.8470	54154.2171
March	54835.6609	53969.5743	54360.4145
April	55631.1040	54659.3576	55187.3207
May	55855.9191	55171.9742	55497.2034
June	57350.8594	55781.2686	56651.3794
July	57630.7386	57293.3627	57505.2195
August	57656.5390	57073.0022	57469.0522
September	57650.2203	57273.1369	57420.4790
October	57615.8524	56819.2864	57109.2302
November	57273.3312	56803.8833	57015.2863
December	57026.5721	56628.4710	56867.6440