YEARLY HIGH
1567.7208 SDG
YEARLY LOW
1481.9722 SDG
YEARLY AVERAGE
1553.7438 SDG

2024 OMR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1567.7208. Conversely, the yearly low was recorded on May 1, dropping to 1481.9722.

This high-to-low spread represents a total annual volatility of 85.7487 SDG. From a start-to-finish perspective, comparing the January average rate of 1561.3349 to the December average rate of 1562.6110, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1567.7208 was up 0.02% compared to the 2023 peak of 1567.3736, 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 7,838,604 SDG
2023 Average 7,746,748 SDG
Yearly Trough Low 7,409,861 SDG
Transaction Impact: A difference of 428,743.48 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1566.6497
1519.6729
JanuMarcMayJulySeptNove

OMR to SDG 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 1547.8032, compared to 1559.6843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.8810 points.

H1 Avg (Jan–Jun) 1547.8032
H2 Avg (Jul–Dec) 1559.6843

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 81.9428 SDG (High: 1563.9149 / Low: 1481.9722). On the other end, December was the most stable month, with a tight range of 1.4255 SDG (High: 1563.6942 / Low: 1562.2687).

May Spread (Volatile) ±81.9428
December Spread (Stable) ±1.4255

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 18.9365 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.9365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1562.6517) against the same month in 2023 (average: 1555.5146), the exchange rate shifted by +7.1371 (+0.46%).

2024 Avg (November) 1562.6517
2023 Avg (November) 1555.5146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1564.5908 1558.4079 1561.3349
February 1562.0127 1559.9023 1561.0723
March 1563.2722 1521.0242 1542.5241
April 1555.1757 1522.1570 1523.5876
May 1563.9149 1481.9722 1556.4062
June 1563.9638 1522.1609 1541.8943
July 1562.8779 1521.9514 1544.9887
August 1564.3205 1562.4594 1562.7193
September 1564.3734 1562.3985 1562.7349
October 1564.1781 1559.8662 1562.4001
November 1567.7208 1562.1226 1562.6517
December 1563.6942 1562.2687 1562.6110