YEARLY HIGH
47.9631 MDL
YEARLY LOW
44.8158 MDL
YEARLY AVERAGE
46.0674 MDL

2024 OMR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 47.9631. Conversely, the yearly low was recorded on August 29, dropping to 44.8158.

This high-to-low spread represents a total annual volatility of 3.1473 MDL. From a start-to-finish perspective, comparing the January average rate of 45.7787 to the December average rate of 47.5862, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.9631 was down 4.07% compared to the 2023 peak of 49.9962, 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 239,815 MDL
2023 Average 235,087 MDL
Yearly Trough Low 224,079 MDL
Transaction Impact: A difference of 15,736.45 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.8298
44.9063
JanuMarcMayJulySeptNove

OMR to MDL 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 45.9742, compared to 46.1606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1864 points.

H1 Avg (Jan–Jun) 45.9742
H2 Avg (Jul–Dec) 46.1606

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.6102 MDL (High: 46.7262 / Low: 45.1160). On the other end, February was the most stable month, with a tight range of 0.4643 MDL (High: 46.4920 / Low: 46.0277).

October Spread (Volatile) ±1.6102
February Spread (Stable) ±0.4643

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 July and August, when the average rate fell by 0.5650 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 47.5862) against the same month in 2023 (average: 45.7305), the exchange rate shifted by +1.8557 (+4.06%).

2024 Avg (December) 47.5862
2023 Avg (December) 45.7305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.1238 44.9373 45.7787
February 46.4920 46.0277 46.2440
March 46.1291 45.5667 45.8626
April 46.5416 45.5312 46.0468
May 46.1556 45.6786 45.8797
June 46.5024 45.5340 46.0335
July 46.2957 45.6358 45.9914
August 46.0508 44.8158 45.4264
September 45.4417 44.8882 45.1499
October 46.7262 45.1160 45.9303
November 47.5151 46.1494 46.8796
December 47.9631 47.3513 47.5862