2024 OMR to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 OMR to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the OMR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 652.5004. Conversely, the yearly low was recorded on February 21, dropping to 646.3793.
This high-to-low spread represents a total annual volatility of 6.1212 YER. From a start-to-finish perspective, comparing the January average rate of 650.3668 to the December average rate of 649.6477, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 652.5004 was down 1.05% compared to the 2023 peak of 659.4233, 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 YER 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 650.3589, compared to 650.0504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3086 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 4.2860 YER (High: 650.6652 / Low: 646.3793). On the other end, September was the most stable month, with a tight range of 0.8527 YER (High: 651.0419 / Low: 650.1893).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 649.2725) against the same month in 2023 (average: 650.5026), the exchange rate shifted by -1.2301 (-0.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 651.8694 | 648.8526 | 650.3668 |
| February | 650.6652 | 646.3793 | 650.2214 |
| March | 651.5929 | 649.6440 | 650.4459 |
| April | 651.4689 | 648.4862 | 650.4208 |
| May | 650.9867 | 649.1366 | 650.2454 |
| June | 651.6083 | 650.1790 | 650.4535 |
| July | 651.0908 | 649.1461 | 650.3382 |
| August | 651.0170 | 648.9786 | 650.3956 |
| September | 651.0419 | 650.1893 | 650.3756 |
| October | 651.0259 | 649.1016 | 650.2726 |
| November | 652.5004 | 648.7426 | 649.2725 |
| December | 650.6520 | 648.8804 | 649.6477 |