2024 OMR to MWK Historical Review

YEARLY HIGH

4528.1915 MWK

YEARLY LOW

4336.0130 MWK

YEARLY AVERAGE

4475.3845 MWK

2024 OMR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 4528.1915. Conversely, the yearly low was recorded on March 21, dropping to 4336.0130.

This high-to-low spread represents a total annual volatility of 192.1785 MWK. From a start-to-finish perspective, comparing the January average rate of 4371.4298 to the December average rate of 4503.6329, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4528.1915 was up 2.99% compared to the 2023 peak of 4396.5789, 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 22,640,957 MWK

2023 Average 14,768,196 MWK

Yearly Trough Low 21,680,065 MWK

Transaction Impact: A difference of 960,892.35 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4521.9033

4357.7504

JanuMarcMayJulySeptNove

OMR to MWK 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 4445.7555, compared to 4505.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.2580 points.

H1 Avg (Jan–Jun) 4445.7555

H2 Avg (Jul–Dec) 4505.0136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 186.9717 MWK (High: 4522.9847 / Low: 4336.0130). On the other end, July was the most stable month, with a tight range of 17.7047 MWK (High: 4509.0154 / Low: 4491.3107).

March Spread (Volatile) ±186.9717

July Spread (Stable) ±17.7047

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 3.9615 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.9615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 4503.6347) against the same month in 2023 (average: 2662.2121), the exchange rate shifted by +1841.4226 (+69.17%).

2024 Avg (June) 4503.6347

2023 Avg (June) 2662.2121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4378.9497	4355.3611	4371.4298
February	4412.8469	4363.8954	4373.2857
March	4522.9847	4336.0130	4413.9141
April	4522.6770	4490.4760	4506.8206
May	4523.1118	4481.5517	4505.4483
June	4528.1915	4493.4708	4503.6347
July	4509.0154	4491.3107	4503.0134
August	4511.0282	4468.9809	4499.9882
September	4527.0728	4496.9773	4507.6286
October	4522.0412	4500.8425	4508.2239
November	4526.8248	4497.0494	4507.5944
December	4513.6730	4486.0860	4503.6329