YEARLY HIGH
22.9374 SVC
YEARLY LOW
22.5403 SVC
YEARLY AVERAGE
22.7281 SVC

2024 OMR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 22.9374. Conversely, the yearly low was recorded on August 4, dropping to 22.5403.

This high-to-low spread represents a total annual volatility of 0.3971 SVC. From a start-to-finish perspective, comparing the January average rate of 22.7278 to the December average rate of 22.7245, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.9374 was down 0.20% compared to the 2023 peak of 22.9837, 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 114,687 SVC
2023 Average 113,614 SVC
Yearly Trough Low 112,701 SVC
Transaction Impact: A difference of 1,985.64 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.7461
22.7090
JanuMarcMayJulySeptNove

OMR to SVC 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 22.7267, compared to 22.7296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 22.7267
H2 Avg (Jul–Dec) 22.7296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2533 SVC (High: 22.9374 / Low: 22.6841). On the other end, July was the most stable month, with a tight range of 0.0615 SVC (High: 22.7443 / Low: 22.6828).

February Spread (Volatile) ±0.2533
July Spread (Stable) ±0.0615

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 22.7349) against the same month in 2023 (average: 22.7384), the exchange rate shifted by -0.0035 (-0.02%).

2024 Avg (February) 22.7349
2023 Avg (February) 22.7384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.7627 22.6887 22.7278
February 22.9374 22.6841 22.7349
March 22.7915 22.6276 22.7193
April 22.8002 22.6517 22.7170
May 22.7686 22.6508 22.7285
June 22.8791 22.6769 22.7324
July 22.7443 22.6828 22.7257
August 22.7933 22.5403 22.7121
September 22.7908 22.6719 22.7368
October 22.8183 22.7086 22.7430
November 22.8639 22.6245 22.7358
December 22.7666 22.6384 22.7245