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2024 OMR to MNT Historical Review

A comprehensive breakdown of exchange rate performance throughout the year 2024.

YEARLY HIGH
8981.4280 MNT
YEARLY LOW
8812.0121 MNT
YEARLY AVERAGE
8902.9281 MNT

2024 OMR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 8981.4280. Conversely, the yearly low was recorded on October 6, dropping to 8812.0121.

This high-to-low spread represents a total annual volatility of 169.4158 MNT. From a start-to-finish perspective, comparing the January average rate of 8962.7380 to the December average rate of 8827.5181, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8981.4280 was down 2.28% compared to the 2023 peak of 9191.3013, 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 44,907,140 MNT
2023 Average 44,972,653 MNT
Yearly Trough Low 44,060,061 MNT
Transaction Impact: A difference of 847,079.16 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8978.3293
8812.5081
JanuMarcMayJulySeptNove

OMR to MNT 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 8963.0909, compared to 8842.7653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 120.3256 points.

H1 Avg (Jan–Jun) 8963.0909
H2 Avg (Jul–Dec) 8842.7653

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 146.3547 MNT (High: 8971.5951 / Low: 8825.2405). On the other end, February was the most stable month, with a tight range of 5.0542 MNT (High: 8966.6285 / Low: 8961.5743).

July Spread (Volatile) ±146.3547
February Spread (Stable) ±5.0542

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 90.5207 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -90.5207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 8962.7380) against the same month in 2023 (average: 8850.1525), the exchange rate shifted by +112.5855 (+1.27%).

2024 Avg (January) 8962.7380
2023 Avg (January) 8850.1525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8981.4280 8945.9354 8962.7380
February 8966.6285 8961.5743 8962.5161
March 8977.6184 8952.5515 8963.2428
April 8978.5997 8934.8147 8962.5576
May 8977.5483 8961.9701 8964.5109
June 8977.8287 8961.5278 8962.9801
July 8971.5951 8825.2405 8918.6509
August 8837.1754 8826.6618 8828.1302
September 8837.4742 8826.3179 8828.2183
October 8836.3711 8812.0121 8826.3265
November 8856.3848 8824.7592 8827.7478
December 8833.6375 8825.5843 8827.5181

Explore Other Years

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