YEARLY HIGH
58074.2185 STD
YEARLY LOW
57705.4360 STD
YEARLY AVERAGE
57886.4811 STD

2024 OMR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 58074.2185. Conversely, the yearly low was recorded on April 1, dropping to 57705.4360.

This high-to-low spread represents a total annual volatility of 368.7825 STD. From a start-to-finish perspective, comparing the January average rate of 57885.7784 to the December average rate of 57884.9305, 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 58074.2185 was down 3.42% compared to the 2023 peak of 60130.5424, 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 290,371,092 STD
2023 Average 293,462,882 STD
Yearly Trough Low 288,527,180 STD
Transaction Impact: A difference of 1,843,912.46 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57899.2397
57875.1053
JanuMarcMayJulySeptNove

OMR to STD 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 57888.0577, compared to 57884.9046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1531 points.

H1 Avg (Jan–Jun) 57888.0577
H2 Avg (Jul–Dec) 57884.9046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 282.7851 STD (High: 57988.2211 / Low: 57705.4360). On the other end, February was the most stable month, with a tight range of 32.6426 STD (High: 57910.9055 / Low: 57878.2629).

April Spread (Volatile) ±282.7851
February Spread (Stable) ±32.6426

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 12.4049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.4049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 57886.4367) against the same month in 2023 (average: 57901.1711), the exchange rate shifted by -14.7344 (-0.03%).

2024 Avg (November) 57886.4367
2023 Avg (November) 57901.1711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58006.4875 57777.2592 57885.7784
February 57910.9055 57878.2629 57884.3453
March 57981.8834 57819.9888 57889.0386
April 57988.2211 57705.4360 57884.6135
May 57981.4308 57880.8188 57897.2285
June 57983.2414 57877.9622 57887.3419
July 57942.9823 57769.9190 57882.4787
August 57948.2565 57879.3153 57888.9439
September 57950.2157 57877.0601 57889.5214
October 57942.9823 57783.2525 57877.1165
November 58074.2185 57866.8391 57886.4367
December 57925.0571 57872.2498 57884.9305