2024 OMR to SRD Historical Review

YEARLY HIGH

95.9877 SRD

YEARLY LOW

74.4695 SRD

YEARLY AVERAGE

86.1164 SRD

2024 OMR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 95.9877. Conversely, the yearly low was recorded on August 13, dropping to 74.4695.

This high-to-low spread represents a total annual volatility of 21.5182 SRD. From a start-to-finish perspective, comparing the January average rate of 95.3131 to the December average rate of 91.4919, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 95.9877 was down 4.32% compared to the 2023 peak of 100.3185, 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 479,939 SRD

2023 Average 475,583 SRD

Yearly Trough Low 372,347 SRD

Transaction Impact: A difference of 107,591.22 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

97.3629

72.7651

JanuMarcMayJulySeptNove

OMR to SRD 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 89.4829, compared to 82.7499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7329 points.

H1 Avg (Jan–Jun) 89.4829

H2 Avg (Jul–Dec) 82.7499

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 9.5401 SRD (High: 89.2673 / Low: 79.7272). On the other end, August was the most stable month, with a tight range of 0.5989 SRD (High: 75.0684 / Low: 74.4695).

October Spread (Volatile) ±9.5401

August Spread (Stable) ±0.5989

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.1671 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.1671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 95.3131) against the same month in 2023 (average: 82.6468), the exchange rate shifted by +12.6663 (+15.33%).

2024 Avg (January) 95.3131

2023 Avg (January) 82.6468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.9877	94.5803	95.3131
February	95.4132	91.7128	93.9205
March	92.2083	90.5390	91.5298
April	90.8813	87.8369	89.9220
May	87.8364	83.4936	84.7549
June	83.7375	79.5498	81.4570
July	80.1144	74.9527	77.1314
August	75.0684	74.4695	74.8149
September	79.8174	75.0326	77.1773
October	89.2673	79.7272	84.4713
November	92.3030	89.2673	91.4127
December	91.9722	91.0735	91.4919