YEARLY HIGH
0.1012 OMR
YEARLY LOW
0.0837 OMR
YEARLY AVERAGE
0.0967 OMR

2024 PLN to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1012. Conversely, the yearly low was recorded on January 1, dropping to 0.0837.

This high-to-low spread represents a total annual volatility of 0.0175 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.0944, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1012 was up 2.32% compared to the 2023 peak of 0.0990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 2,025 OMR
2023 Average 1,836 OMR
Yearly Trough Low 1,674 OMR
Transaction Impact: A difference of 350.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1005
0.0939
JanuMarcMayJulySeptNove

PLN 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 0.0963, compared to 0.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0963
H2 Avg (Jul–Dec) 0.0971

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0137 OMR (High: 0.0974 / Low: 0.0837). On the other end, February was the most stable month, with a tight range of 0.0020 OMR (High: 0.0970 / Low: 0.0950).

January Spread (Volatile) ±0.0137
February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1000) against the same month in 2023 (average: 0.0894), the exchange rate shifted by +0.0106 (+11.89%).

2024 Avg (September) 0.1000
2023 Avg (September) 0.0894

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0974 0.0837 0.0958
February 0.0970 0.0950 0.0961
March 0.0984 0.0961 0.0971
April 0.0982 0.0936 0.0959
May 0.0983 0.0953 0.0972
June 0.0983 0.0941 0.0959
July 0.0987 0.0957 0.0976
August 0.1012 0.0965 0.0989
September 0.1012 0.0988 0.1000
October 0.0993 0.0955 0.0972
November 0.0967 0.0924 0.0944
December 0.0955 0.0931 0.0944