YEARLY HIGH
20840.5287 PYG
YEARLY LOW
18836.2096 PYG
YEARLY AVERAGE
19635.7815 PYG

2024 OMR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 20840.5287. Conversely, the yearly low was recorded on January 8, dropping to 18836.2096.

This high-to-low spread represents a total annual volatility of 2004.3191 PYG. From a start-to-finish perspective, comparing the January average rate of 18917.7041 to the December average rate of 20280.0989, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20840.5287 was up 7.37% compared to the 2023 peak of 19410.2488, 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 104,202,643 PYG
2023 Average 94,669,633 PYG
Yearly Trough Low 94,181,048 PYG
Transaction Impact: A difference of 10,021,595.43 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20601.7502
18764.6089
JanuMarcMayJulySeptNove

OMR to PYG 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 19185.6191, compared to 20085.9438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 900.3246 points.

H1 Avg (Jan–Jun) 19185.6191
H2 Avg (Jul–Dec) 20085.9438

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 615.4596 PYG (High: 20840.5287 / Low: 20225.0690). On the other end, January was the most stable month, with a tight range of 148.3573 PYG (High: 18984.5669 / Low: 18836.2096).

October Spread (Volatile) ±615.4596
January Spread (Stable) ±148.3573

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 130.0638 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -130.0638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 20448.6551) against the same month in 2023 (average: 19147.8502), the exchange rate shifted by +1300.8049 (+6.79%).

2024 Avg (October) 20448.6551
2023 Avg (October) 19147.8502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18984.5669 18836.2096 18917.7041
February 19081.1591 18872.2404 18925.9558
March 19199.7886 18899.8559 19003.2234
April 19420.0953 19081.2519 19215.3161
May 19601.2674 19391.6236 19489.3146
June 19692.4747 19491.1250 19562.2009
July 19704.7927 19529.7355 19611.0978
August 19970.2342 19510.3888 19693.6871
September 20307.6539 19925.5285 20163.5325
October 20840.5287 20225.0690 20448.6551
November 20565.2523 20153.2680 20318.5913
December 20356.0736 20180.5455 20280.0989