2024 PGK to OMR Historical Review

YEARLY HIGH

0.1041 OMR

YEARLY LOW

0.0948 OMR

YEARLY AVERAGE

0.0990 OMR

2024 PGK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1041. Conversely, the yearly low was recorded on December 31, dropping to 0.0948.

This high-to-low spread represents a total annual volatility of 0.0093 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1031 to the December average rate of 0.0952, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1041 was down 5.34% compared to the 2023 peak of 0.1099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 520 OMR

2023 Average 535 OMR

Yearly Trough Low 474 OMR

Transaction Impact: A difference of 46.60 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1039

0.0944

JanuMarcMayJulySeptNove

PGK to OMR 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 0.1009, compared to 0.0970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1009

H2 Avg (Jul–Dec) 0.0970

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0036 OMR (High: 0.1008 / Low: 0.0972). On the other end, May was the most stable month, with a tight range of 0.0011 OMR (High: 0.0999 / Low: 0.0988).

August Spread (Volatile) ±0.0036

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1031) against the same month in 2023 (average: 0.1093), the exchange rate shifted by -0.0062 (-5.65%).

2024 Avg (January) 0.1031

2023 Avg (January) 0.1093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1041	0.1017	0.1031
February	0.1034	0.1010	0.1020
March	0.1032	0.1005	0.1013
April	0.1019	0.0994	0.1007
May	0.0999	0.0988	0.0992
June	0.1003	0.0983	0.0991
July	0.1001	0.0980	0.0987
August	0.1008	0.0972	0.0980
September	0.0984	0.0964	0.0972
October	0.0980	0.0960	0.0970
November	0.0963	0.0950	0.0957
December	0.0965	0.0948	0.0952