2024 OMR to PKR Historical Review

YEARLY HIGH

732.5374 PKR

YEARLY LOW

718.2395 PKR

YEARLY AVERAGE

723.3422 PKR

2024 OMR to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 732.5374. Conversely, the yearly low was recorded on February 10, dropping to 718.2395.

This high-to-low spread represents a total annual volatility of 14.2979 PKR. From a start-to-finish perspective, comparing the January average rate of 727.2046 to the December average rate of 722.4479, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 732.5374 was down 8.46% compared to the 2023 peak of 800.2559, 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 3,662,687 PKR

2023 Average 3,630,662 PKR

Yearly Trough Low 3,591,198 PKR

Transaction Impact: A difference of 71,489.48 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

727.7491

721.2154

JanuMarcMayJulySeptNove

OMR to PKR 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 724.1087, compared to 722.5756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5331 points.

H1 Avg (Jan–Jun) 724.1087

H2 Avg (Jul–Dec) 722.5756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 13.3855 PKR (High: 732.5374 / Low: 719.1519). On the other end, October was the most stable month, with a tight range of 2.8815 PKR (High: 723.6788 / Low: 720.7973).

January Spread (Volatile) ±13.3855

October Spread (Stable) ±2.8815

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.3952 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 727.2046) against the same month in 2023 (average: 607.1779), the exchange rate shifted by +120.0267 (+19.77%).

2024 Avg (January) 727.2046

2023 Avg (January) 607.1779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	732.5374	719.1519	727.2046
February	726.6490	718.2395	724.8094
March	726.1475	721.1345	723.8879
April	725.4286	719.6032	722.3589
May	724.3566	719.9821	722.9828
June	726.3671	721.8749	723.4087
July	724.3666	721.1061	722.9712
August	724.9065	719.0062	723.3034
September	725.1767	721.3001	722.9513
October	723.6788	720.7973	721.7599
November	724.9548	720.3189	722.0200
December	724.5734	720.1341	722.4479