2024 OMR to NPR Historical Review

YEARLY HIGH

356.0516 NPR

YEARLY LOW

342.3604 NPR

YEARLY AVERAGE

347.7095 NPR

2024 OMR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 356.0516. Conversely, the yearly low was recorded on March 7, dropping to 342.3604.

This high-to-low spread represents a total annual volatility of 13.6912 NPR. From a start-to-finish perspective, comparing the January average rate of 345.4122 to the December average rate of 353.0163, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 356.0516 was up 2.45% compared to the 2023 peak of 347.5264, 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 1,780,258 NPR

2023 Average 1,715,711 NPR

Yearly Trough Low 1,711,802 NPR

Transaction Impact: A difference of 68,455.91 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

353.8240

344.1315

JanuMarcMayJulySeptNove

OMR to NPR 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 345.8835, compared to 349.5355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6520 points.

H1 Avg (Jan–Jun) 345.8835

H2 Avg (Jul–Dec) 349.5355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.2114 NPR (High: 349.2934 / Low: 344.0821). On the other end, July was the most stable month, with a tight range of 1.6928 NPR (High: 348.1313 / Low: 346.4385).

January Spread (Volatile) ±5.2114

July Spread (Stable) ±1.6928

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3875 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 353.0163) against the same month in 2023 (average: 346.2756), the exchange rate shifted by +6.7406 (+1.95%).

2024 Avg (December) 353.0163

2023 Avg (December) 346.2756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	349.2934	344.0821	345.4122
February	347.6835	343.9180	345.0247
March	346.7223	342.3604	344.9392
April	347.4096	345.2628	346.4336
May	348.7788	345.1042	346.5582
June	349.0240	345.3299	346.9330
July	348.1313	346.4385	347.3437
August	349.4277	345.1255	348.4296
September	349.8113	346.9946	348.4221
October	350.2811	348.0361	349.4245
November	352.7181	349.0727	350.5766
December	356.0516	350.9506	353.0163