YEARLY HIGH
54653.9025 SLL
YEARLY LOW
54306.8397 SLL
YEARLY AVERAGE
54477.2221 SLL

2024 OMR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 54653.9025. Conversely, the yearly low was recorded on April 1, dropping to 54306.8397.

This high-to-low spread represents a total annual volatility of 347.0628 SLL. From a start-to-finish perspective, comparing the January average rate of 54476.5607 to the December average rate of 54475.7627, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 54653.9025 was down 0.15% compared to the 2023 peak of 54737.9330, 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 273,269,512 SLL
2023 Average 247,936,938 SLL
Yearly Trough Low 271,534,198 SLL
Transaction Impact: A difference of 1,735,314.13 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

54489.2292
54466.5162
JanuMarcMayJulySeptNove

OMR to SLL 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 54478.7058, compared to 54475.7384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9674 points.

H1 Avg (Jan–Jun) 54478.7058
H2 Avg (Jul–Dec) 54475.7384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 266.1303 SLL (High: 54572.9700 / Low: 54306.8397). On the other end, February was the most stable month, with a tight range of 30.7201 SLL (High: 54500.2079 / Low: 54469.4878).

April Spread (Volatile) ±266.1303
February Spread (Stable) ±30.7201

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 11.6743 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.6743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 54477.1802) against the same month in 2023 (average: 54491.0469), the exchange rate shifted by -13.8667 (-0.03%).

2024 Avg (November) 54477.1802
2023 Avg (November) 54491.0469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54590.1605 54374.4328 54476.5607
February 54500.2079 54469.4878 54475.2120
March 54567.0056 54414.6459 54479.6289
April 54572.9700 54306.8397 54475.4644
May 54566.5796 54471.8932 54487.3365
June 54568.2835 54469.2048 54478.0321
July 54530.3955 54367.5249 54473.4553
August 54535.3591 54470.4782 54479.5397
September 54537.2030 54468.3559 54480.0832
October 54530.3955 54380.0731 54468.4090
November 54653.9025 54458.7368 54477.1802
December 54513.5260 54463.8289 54475.7627