2024 OMR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 234131.0072. Conversely, the yearly low was recorded on February 14, dropping to 38921.8880.
This high-to-low spread represents a total annual volatility of 195209.1192 LBP. From a start-to-finish perspective, comparing the January average rate of 39047.2269 to the December average rate of 232565.6616, the exchange rate registered a net change of 495.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 234131.0072 was up 485.14% compared to the 2023 peak of 40012.6310, 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 LBP 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 176997.9552, compared to 232652.8007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55654.8455 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 193964.2900 LBP (High: 232886.1780 / Low: 38921.8880). On the other end, January was the most stable month, with a tight range of 168.5461 LBP (High: 39129.7797 / Low: 38961.2336).
Growth Streaks & Declines
TrendsBetween January and March, 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 November and December, when the average rate fell by 209.7684 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 232685.0809) against the same month in 2023 (average: 39289.4503), the exchange rate shifted by +193395.6306 (+492.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39129.7797 | 38961.2336 | 39047.2269 |
| February | 232886.1780 | 38921.8880 | 92446.3576 |
| March | 233274.5465 | 231602.3147 | 232636.8635 |
| April | 233388.0303 | 231985.9063 | 232565.0054 |
| May | 233318.7166 | 231472.7110 | 232607.1968 |
| June | 234131.0072 | 232075.5662 | 232685.0809 |
| July | 233067.4951 | 231649.5924 | 232573.6357 |
| August | 233456.4725 | 231136.8607 | 232495.0945 |
| September | 233136.0942 | 232254.0954 | 232713.2063 |
| October | 233493.7773 | 232534.6420 | 232793.7763 |
| November | 234008.0519 | 232230.8749 | 232775.4300 |
| December | 232978.1158 | 231647.9825 | 232565.6616 |