2024 OMR to SOS Historical Review

YEARLY HIGH

1498.1683 SOS

YEARLY LOW

1471.1297 SOS

YEARLY AVERAGE

1484.2408 SOS

2024 OMR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1498.1683. Conversely, the yearly low was recorded on August 3, dropping to 1471.1297.

This high-to-low spread represents a total annual volatility of 27.0386 SOS. From a start-to-finish perspective, comparing the January average rate of 1484.0355 to the December average rate of 1484.2409, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1498.1683 was up 0.33% compared to the 2023 peak of 1493.2296, 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 7,490,842 SOS

2023 Average 7,395,847 SOS

Yearly Trough Low 7,355,649 SOS

Transaction Impact: A difference of 135,192.93 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1485.5319

1481.9536

JanuMarcMayJulySeptNove

OMR to SOS 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 1484.3362, compared to 1484.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1908 points.

H1 Avg (Jan–Jun) 1484.3362

H2 Avg (Jul–Dec) 1484.1454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 18.5493 SOS (High: 1489.6790 / Low: 1471.1297). On the other end, July was the most stable month, with a tight range of 5.2470 SOS (High: 1485.6206 / Low: 1480.3737).

August Spread (Volatile) ±18.5493

July Spread (Stable) ±5.2470

Growth Streaks & Declines

Trends

Between August and November, 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 1.5589 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1485.2338) against the same month in 2023 (average: 1477.6030), the exchange rate shifted by +7.6307 (+0.52%).

2024 Avg (February) 1485.2338

2023 Avg (February) 1477.6030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1486.6360	1478.7344	1484.0355
February	1498.1683	1481.5831	1485.2338
March	1488.6127	1477.8207	1484.2241
April	1489.1658	1479.7142	1484.2179
May	1487.5495	1477.1525	1483.8699
June	1494.2940	1481.1085	1484.4360
July	1485.6206	1480.3737	1483.8107
August	1489.6790	1471.1297	1482.2518
September	1492.1406	1480.9038	1484.6886
October	1490.3190	1483.0554	1484.8106
November	1493.4834	1481.7986	1485.0696
December	1487.0552	1478.6052	1484.2409