2024 OMR to PEN Historical Review

YEARLY HIGH

10.0776 PEN

YEARLY LOW

9.5364 PEN

YEARLY AVERAGE

9.7501 PEN

2024 OMR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 10.0776. Conversely, the yearly low was recorded on April 8, dropping to 9.5364.

This high-to-low spread represents a total annual volatility of 0.5412 PEN. From a start-to-finish perspective, comparing the January average rate of 9.6935 to the December average rate of 9.6944, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.0776 was down 0.56% compared to the 2023 peak of 10.1341, 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 50,388 PEN

2023 Average 48,581 PEN

Yearly Trough Low 47,682 PEN

Transaction Impact: A difference of 2,706.01 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.9760

9.6222

JanuMarcMayJulySeptNove

OMR to PEN 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 9.7447, compared to 9.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 9.7447

H2 Avg (Jul–Dec) 9.7556

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3416 PEN (High: 9.9877 / Low: 9.6461). On the other end, August was the most stable month, with a tight range of 0.1225 PEN (High: 9.7573 / Low: 9.6348).

July Spread (Volatile) ±0.3416

August Spread (Stable) ±0.1225

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.2948 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 9.9465) against the same month in 2023 (average: 9.9716), the exchange rate shifted by -0.0251 (-0.25%).

2024 Avg (February) 9.9465

2023 Avg (February) 9.9716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9061	9.5859	9.6935
February	10.0776	9.8224	9.9465
March	9.8330	9.5376	9.6516
April	9.7888	9.5364	9.6528
May	9.7775	9.5820	9.6954
June	9.9617	9.6894	9.8283
July	9.9877	9.6461	9.7773
August	9.7573	9.6348	9.7036
September	9.9176	9.6533	9.7931
October	9.8020	9.6267	9.7429
November	9.8974	9.7135	9.8224
December	9.7606	9.6340	9.6944