2024 OMR to XOF Historical Review

YEARLY HIGH

1646.2517 XOF

YEARLY LOW

1521.1084 XOF

YEARLY AVERAGE

1575.1522 XOF

2024 OMR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1646.2517. Conversely, the yearly low was recorded on August 23, dropping to 1521.1084.

This high-to-low spread represents a total annual volatility of 125.1433 XOF. From a start-to-finish perspective, comparing the January average rate of 1561.9583 to the December average rate of 1627.3129, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1646.2517 was up 1.16% compared to the 2023 peak of 1627.3748, 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 8,231,258 XOF

2023 Average 7,874,374 XOF

Yearly Trough Low 7,605,542 XOF

Transaction Impact: A difference of 625,716.61 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1636.6508

1524.5961

JanuMarcMayJulySeptNove

OMR to XOF 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 1576.2514, compared to 1574.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1984 points.

H1 Avg (Jan–Jun) 1576.2514

H2 Avg (Jul–Dec) 1574.0531

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 78.0433 XOF (High: 1636.0782 / Low: 1558.0348). On the other end, March was the most stable month, with a tight range of 24.2518 XOF (High: 1580.0183 / Low: 1555.7665).

November Spread (Volatile) ±78.0433

March Spread (Stable) ±24.2518

Growth Streaks & Declines

Trends

Between September and December, 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 23.9119 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -23.9119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1627.3129) against the same month in 2023 (average: 1559.9263), the exchange rate shifted by +67.3866 (+4.32%).

2024 Avg (December) 1627.3129

2023 Avg (December) 1559.9263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1577.1112	1541.1529	1561.9583
February	1591.3308	1566.9836	1578.6431
March	1580.0183	1555.7665	1567.6725
April	1604.5569	1568.7873	1589.4502
May	1589.8320	1565.2368	1576.2478
June	1595.4496	1562.2810	1583.5366
July	1587.1636	1557.4602	1569.8951
August	1579.7425	1521.1084	1545.9832
September	1547.6438	1522.6436	1533.9340
October	1580.6318	1539.8197	1563.6150
November	1636.0782	1558.0348	1603.5781
December	1646.2517	1609.4067	1627.3129