2024 OMR to NIO Historical Review

YEARLY HIGH

96.0882 NIO

YEARLY LOW

94.9924 NIO

YEARLY AVERAGE

95.5567 NIO

2024 OMR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 96.0882. Conversely, the yearly low was recorded on January 13, dropping to 94.9924.

This high-to-low spread represents a total annual volatility of 1.0958 NIO. From a start-to-finish perspective, comparing the January average rate of 95.2124 to the December average rate of 95.5631, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 96.0882 was up 0.40% compared to the 2023 peak of 95.7041, 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 480,441 NIO

2023 Average 474,832 NIO

Yearly Trough Low 474,962 NIO

Transaction Impact: A difference of 5,479.04 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

95.6761

95.1702

JanuMarcMayJulySeptNove

OMR to NIO 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 95.5166, compared to 95.5968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0802 points.

H1 Avg (Jan–Jun) 95.5166

H2 Avg (Jul–Dec) 95.5968

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7648 NIO (High: 95.7946 / Low: 95.0298). On the other end, July was the most stable month, with a tight range of 0.3711 NIO (High: 95.7250 / Low: 95.3538).

August Spread (Volatile) ±0.7648

July Spread (Stable) ±0.3711

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 April and May, when the average rate fell by 0.0558 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 95.5979) against the same month in 2023 (average: 94.9735), the exchange rate shifted by +0.6244 (+0.66%).

2024 Avg (June) 95.5979

2023 Avg (June) 94.9735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.4635	94.9924	95.2124
February	95.8116	95.3283	95.5421
March	95.8723	95.1822	95.5556
April	96.0125	95.2728	95.6238
May	95.8055	95.3611	95.5680
June	96.0882	95.3975	95.5979
July	95.7250	95.3538	95.5978
August	95.7946	95.0298	95.5843
September	95.8441	95.4308	95.6183
October	95.9650	95.4846	95.6339
November	96.0281	95.3793	95.5835
December	95.7318	95.2043	95.5631