2024 OMR to RSD Historical Review

YEARLY HIGH

293.6638 RSD

YEARLY LOW

271.6636 RSD

YEARLY AVERAGE

281.1816 RSD

2024 OMR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 293.6638. Conversely, the yearly low was recorded on August 24, dropping to 271.6636.

This high-to-low spread represents a total annual volatility of 22.0002 RSD. From a start-to-finish perspective, comparing the January average rate of 279.1496 to the December average rate of 290.1528, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 293.6638 was up 0.92% compared to the 2023 peak of 290.9897, 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 1,468,319 RSD

2023 Average 1,408,212 RSD

Yearly Trough Low 1,358,318 RSD

Transaction Impact: A difference of 110,001.23 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

291.7960

272.0781

JanuMarcMayJulySeptNove

OMR to RSD 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 281.5510, compared to 280.8121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7389 points.

H1 Avg (Jan–Jun) 281.5510

H2 Avg (Jul–Dec) 280.8121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 13.9380 RSD (High: 291.9064 / Low: 277.9684). On the other end, March was the most stable month, with a tight range of 3.9423 RSD (High: 281.9672 / Low: 278.0250).

November Spread (Volatile) ±13.9380

March Spread (Stable) ±3.9423

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 4.3883 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 290.1528) against the same month in 2023 (average: 278.7996), the exchange rate shifted by +11.3532 (+4.07%).

2024 Avg (December) 290.1528

2023 Avg (December) 278.7996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.7498	275.0688	279.1496
February	284.2086	279.9433	282.0571
March	281.9672	278.0250	280.1003
April	286.5189	280.1036	283.7922
May	285.0738	279.4768	281.5424
June	284.7389	278.9406	282.6645
July	283.2262	277.8892	280.1890
August	281.8882	271.6636	275.8007
September	276.0722	271.8015	273.7212
October	282.2144	274.7881	278.9667
November	291.9064	277.9684	286.0422
December	293.6638	286.9495	290.1528