2024 OMR to MKD Historical Review

YEARLY HIGH

154.1901 MKD

YEARLY LOW

142.7792 MKD

YEARLY AVERAGE

147.8124 MKD

2024 OMR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 154.1901. Conversely, the yearly low was recorded on August 25, dropping to 142.7792.

This high-to-low spread represents a total annual volatility of 11.4109 MKD. From a start-to-finish perspective, comparing the January average rate of 146.5118 to the December average rate of 152.5819, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 154.1901 was up 0.92% compared to the 2023 peak of 152.7833, 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 770,950 MKD

2023 Average 739,653 MKD

Yearly Trough Low 713,896 MKD

Transaction Impact: A difference of 57,054.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

153.4448

143.0909

JanuMarcMayJulySeptNove

OMR to MKD 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 147.9307, compared to 147.6941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2366 points.

H1 Avg (Jan–Jun) 147.9307

H2 Avg (Jul–Dec) 147.6941

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.1287 MKD (High: 153.4437 / Low: 146.3150). On the other end, March was the most stable month, with a tight range of 2.1080 MKD (High: 148.2564 / Low: 146.1485).

November Spread (Volatile) ±7.1287

March Spread (Stable) ±2.1080

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 2.1997 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 152.5819) against the same month in 2023 (average: 146.4631), the exchange rate shifted by +6.1189 (+4.18%).

2024 Avg (December) 152.5819

2023 Avg (December) 146.4631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	147.7319	144.5679	146.5118
February	149.4425	146.8361	148.1844
March	148.2564	146.1485	147.1449
April	150.7544	147.2591	149.1855
May	149.9923	146.9403	147.9544
June	149.6426	146.5873	148.6031
July	148.8966	146.0949	147.3925
August	148.3125	142.7792	145.1928
September	145.1563	143.0225	143.9537
October	148.3034	143.7509	146.6749
November	153.4437	146.3150	150.3687
December	154.1901	151.0608	152.5819