2024 OMR to SYP Historical Review

YEARLY HIGH

33800.7518 SYP

YEARLY LOW

6506.9536 SYP

YEARLY AVERAGE

7333.2463 SYP

2024 OMR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 33800.7518. Conversely, the yearly low was recorded on April 1, dropping to 6506.9536.

This high-to-low spread represents a total annual volatility of 27293.7982 SYP. From a start-to-finish perspective, comparing the January average rate of 6527.2893 to the December average rate of 16197.7266, the exchange rate registered a net change of 148.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33800.7518 was up 410.64% compared to the 2023 peak of 6619.3417, 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 169,003,759 SYP

2023 Average 32,638,693 SYP

Yearly Trough Low 32,534,768 SYP

Transaction Impact: A difference of 136,468,991.02 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17164.8680

5559.1712

JanuMarcMayJulySeptNove

OMR to SYP 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 6527.5463, compared to 8138.9463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1611.3999 points.

H1 Avg (Jan–Jun) 6527.5463

H2 Avg (Jul–Dec) 8138.9463

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 27274.8694 SYP (High: 33800.7518 / Low: 6525.8824). On the other end, February was the most stable month, with a tight range of 3.6808 SYP (High: 6530.1227 / Low: 6526.4418).

December Spread (Volatile) ±27274.8694

February Spread (Stable) ±3.6808

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 1.3988 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16197.7266) against the same month in 2023 (average: 6526.1737), the exchange rate shifted by +9671.5529 (+148.20%).

2024 Avg (December) 16197.7266

2023 Avg (December) 6526.1737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6540.9006	6515.0525	6527.2893
February	6530.1227	6526.4418	6527.1277
March	6538.1263	6519.8708	6527.6569
April	6538.8409	6506.9536	6527.1579
May	6538.0752	6526.7300	6528.5804
June	6538.2794	6526.4079	6527.4656
July	6533.7397	6514.2248	6526.9172
August	6534.3344	6526.5605	6527.6462
September	6534.5554	6526.3062	6527.7114
October	6533.7397	6515.7283	6526.3126
November	6548.5381	6525.1537	6527.3635
December	33800.7518	6525.8824	16197.7266