YEARLY HIGH
11.9470 PLN
YEARLY LOW
9.8769 PLN
YEARLY AVERAGE
10.3449 PLN

2024 OMR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.9470. Conversely, the yearly low was recorded on September 24, dropping to 9.8769.

This high-to-low spread represents a total annual volatility of 2.0701 PLN. From a start-to-finish perspective, comparing the January average rate of 10.4424 to the December average rate of 10.5915, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9470 was up 2.41% compared to the 2023 peak of 11.6659, 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 59,735 PLN
2023 Average 54,531 PLN
Yearly Trough Low 49,384 PLN
Transaction Impact: A difference of 10,350.38 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6514
9.9433
JanuMarcMayJulySeptNove

OMR to PLN 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 10.3836, compared to 10.3061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 10.3836
H2 Avg (Jul–Dec) 10.3061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.6799 PLN (High: 11.9470 / Low: 10.2670). On the other end, February was the most stable month, with a tight range of 0.2142 PLN (High: 10.5259 / Low: 10.3118).

January Spread (Volatile) ±1.6799
February Spread (Stable) ±0.2142

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.1858 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 10.4424) against the same month in 2023 (average: 11.2610), the exchange rate shifted by -0.8186 (-7.27%).

2024 Avg (January) 10.4424
2023 Avg (January) 11.2610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9470 10.2670 10.4424
February 10.5259 10.3118 10.4087
March 10.4049 10.1590 10.2958
April 10.6827 10.1881 10.4283
May 10.4902 10.1704 10.2934
June 10.6325 10.1773 10.4331
July 10.4460 10.1316 10.2473
August 10.3611 9.8847 10.1120
September 10.1195 9.8769 10.0023
October 10.4731 10.0669 10.2912
November 10.8187 10.3455 10.5923
December 10.7372 10.4671 10.5915