2024 OMR to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 96.6339. Conversely, the yearly low was recorded on September 27, dropping to 84.0485.
This high-to-low spread represents a total annual volatility of 12.5855 THB. From a start-to-finish perspective, comparing the January average rate of 91.3767 to the December average rate of 88.7289, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 96.6339 was up 0.24% compared to the 2023 peak of 96.4001, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
OMR to THB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 93.9729, compared to 89.2599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7129 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 5.0023 THB (High: 89.0507 / Low: 84.0485). On the other end, June was the most stable month, with a tight range of 1.4270 THB (High: 96.0093 / Low: 94.5822).
Growth Streaks & Declines
TrendsBetween January and April, 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 3.9384 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 95.4953) against the same month in 2023 (average: 88.7963), the exchange rate shifted by +6.6990 (+7.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 92.9109 | 89.0633 | 91.3767 |
| February | 93.8261 | 91.7634 | 93.1191 |
| March | 94.7884 | 91.8397 | 93.3743 |
| April | 96.6339 | 94.3341 | 95.4953 |
| May | 96.0619 | 93.8609 | 95.1115 |
| June | 96.0093 | 94.5822 | 95.3604 |
| July | 95.6297 | 92.2164 | 94.1156 |
| August | 92.5299 | 87.9889 | 90.1773 |
| September | 89.0507 | 84.0485 | 86.4276 |
| October | 87.8414 | 84.5426 | 86.7060 |
| November | 90.8262 | 87.1053 | 89.4042 |
| December | 89.8861 | 87.5956 | 88.7289 |