YEARLY HIGH
85.3716 TWD
YEARLY LOW
79.5633 TWD
YEARLY AVERAGE
83.3864 TWD

2024 OMR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 85.3716. Conversely, the yearly low was recorded on January 1, dropping to 79.5633.

This high-to-low spread represents a total annual volatility of 5.8082 TWD. From a start-to-finish perspective, comparing the January average rate of 81.0321 to the December average rate of 84.6241, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 85.3716 was up 1.07% compared to the 2023 peak of 84.4663, 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 426,858 TWD
2023 Average 404,625 TWD
Yearly Trough Low 397,817 TWD
Transaction Impact: A difference of 29,041.20 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

85.1410
80.6585
JanuMarcMayJulySeptNove

OMR to TWD 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 82.8481, compared to 83.9248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0767 points.

H1 Avg (Jan–Jun) 82.8481
H2 Avg (Jul–Dec) 83.9248

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.5635 TWD (High: 85.1864 / Low: 82.6229). On the other end, October was the most stable month, with a tight range of 1.0557 TWD (High: 83.8526 / Low: 82.7969).

August Spread (Volatile) ±2.5635
October Spread (Stable) ±1.0557

Growth Streaks & Declines

Trends

Between 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 1.0144 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 84.7675) against the same month in 2023 (average: 81.0239), the exchange rate shifted by +3.7436 (+4.62%).

2024 Avg (July) 84.7675
2023 Avg (July) 81.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 81.9816 79.5633 81.0321
February 82.2537 81.1014 81.6396
March 83.1449 81.5186 82.3090
April 84.7980 82.9793 84.0313
May 84.4890 83.2159 83.9200
June 84.6761 83.6184 84.1564
July 85.3716 84.0241 84.7675
August 85.1864 82.6229 83.7531
September 83.5793 82.0598 83.0150
October 83.8526 82.7969 83.3712
November 84.6663 82.6833 84.0178
December 85.3077 83.8913 84.6241