2024 OMR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 66223.9358. Conversely, the yearly low was recorded on January 1, dropping to 62929.8655.
This high-to-low spread represents a total annual volatility of 3294.0703 VND. From a start-to-finish perspective, comparing the January average rate of 63599.1388 to the December average rate of 66040.2510, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 66223.9358 was up 3.40% compared to the 2023 peak of 64048.1077, 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 VND 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 64850.0759, compared to 65332.3284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 482.2525 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 2089.3472 VND (High: 66007.5428 / Low: 63918.1956). On the other end, June was the most stable month, with a tight range of 221.0224 VND (High: 66223.9358 / Low: 66002.9135).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1023.2268 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 66103.5430) against the same month in 2023 (average: 61088.7247), the exchange rate shifted by +5014.8182 (+8.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63937.8319 | 62929.8655 | 63599.1388 |
| February | 64096.6765 | 63257.6025 | 63638.1990 |
| March | 64504.3337 | 64039.9559 | 64232.4618 |
| April | 66210.1638 | 64239.1596 | 65417.2444 |
| May | 66221.8593 | 65838.8931 | 66109.8684 |
| June | 66223.9358 | 66002.9135 | 66103.5430 |
| July | 66131.3326 | 65584.0546 | 65915.4876 |
| August | 65553.1354 | 64499.9026 | 65048.6760 |
| September | 64688.1732 | 63762.3611 | 64025.4492 |
| October | 66007.5428 | 63918.1956 | 65065.6781 |
| November | 66049.7965 | 65671.6956 | 65898.4284 |
| December | 66197.0350 | 65849.3021 | 66040.2510 |