2024 OMR to RON Historical Review

YEARLY HIGH

12.4856 RON

YEARLY LOW

11.5500 RON

YEARLY AVERAGE

11.9480 RON

2024 OMR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.4856. Conversely, the yearly low was recorded on August 24, dropping to 11.5500.

This high-to-low spread represents a total annual volatility of 0.9355 RON. From a start-to-finish perspective, comparing the January average rate of 11.8471 to the December average rate of 12.3415, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.4856 was up 1.15% compared to the 2023 peak of 12.3436, 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 62,428 RON

2023 Average 59,419 RON

Yearly Trough Low 57,750 RON

Transaction Impact: A difference of 4,677.73 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.4121

11.5641

JanuMarcMayJulySeptNove

OMR to RON 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 11.9551, compared to 11.9408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 11.9551

H2 Avg (Jul–Dec) 11.9408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6012 RON (High: 12.4178 / Low: 11.8166). On the other end, September was the most stable month, with a tight range of 0.1847 RON (High: 11.7350 / Low: 11.5503).

November Spread (Volatile) ±0.6012

September Spread (Stable) ±0.1847

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1720 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.3415) against the same month in 2023 (average: 11.8224), the exchange rate shifted by +0.5190 (+4.39%).

2024 Avg (December) 12.3415

2023 Avg (December) 11.8224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9632	11.6811	11.8471
February	12.0732	11.8765	11.9733
March	11.9780	11.7840	11.8834
April	12.1701	11.8813	12.0532
May	12.0618	11.8695	11.9578
June	12.1051	11.8507	12.0159
July	12.0419	11.8019	11.9038
August	11.9817	11.5500	11.7319
September	11.7350	11.5503	11.6348
October	11.9859	11.6804	11.8611
November	12.4178	11.8166	12.1717
December	12.4856	12.2131	12.3415