2024 OMR to TRY Historical Review

YEARLY HIGH

91.8634 TRY

YEARLY LOW

76.6252 TRY

YEARLY AVERAGE

85.4317 TRY

2024 OMR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 91.8634. Conversely, the yearly low was recorded on January 1, dropping to 76.6252.

This high-to-low spread represents a total annual volatility of 15.2381 TRY. From a start-to-finish perspective, comparing the January average rate of 78.1773 to the December average rate of 90.9342, the exchange rate registered a net change of 16.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 91.8634 was up 19.65% compared to the 2023 peak of 76.7787, 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 459,317 TRY

2023 Average 309,477 TRY

Yearly Trough Low 383,126 TRY

Transaction Impact: A difference of 76,190.67 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

92.2098

76.9017

JanuMarcMayJulySeptNove

OMR to TRY 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 82.3539, compared to 88.5094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1555 points.

H1 Avg (Jan–Jun) 82.3539

H2 Avg (Jul–Dec) 88.5094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.7799 TRY (High: 84.3316 / Low: 81.5517). On the other end, October was the most stable month, with a tight range of 0.3837 TRY (High: 89.1436 / Low: 88.7599).

March Spread (Volatile) ±2.7799

October Spread (Stable) ±0.3837

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2224 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 90.9342) against the same month in 2023 (average: 75.5872), the exchange rate shifted by +15.3470 (+20.30%).

2024 Avg (December) 90.9342

2023 Avg (December) 75.5872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.8778	76.6252	78.1773
February	81.3029	79.0961	80.0336
March	84.3316	81.5517	83.2965
April	84.8924	83.0001	84.0717
May	84.3623	83.4316	83.8493
June	85.6007	83.6050	84.6952
July	86.1925	84.5679	85.5224
August	88.6955	86.1643	87.5568
September	88.8632	88.1046	88.5055
October	89.1436	88.7599	88.9932
November	90.1156	88.8343	89.5446
December	91.8634	90.1880	90.9342