2024 RON to OMR Historical Review

YEARLY HIGH

0.0866 OMR

YEARLY LOW

0.0801 OMR

YEARLY AVERAGE

0.0837 OMR

2024 RON to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0866. Conversely, the yearly low was recorded on December 31, dropping to 0.0801.

This high-to-low spread represents a total annual volatility of 0.0065 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0844 to the December average rate of 0.0810, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0866 was down 1.15% compared to the 2023 peak of 0.0876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 OMR

2023 Average 421 OMR

Yearly Trough Low 400 OMR

Transaction Impact: A difference of 32.44 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0864

0.0805

JanuMarcMayJulySeptNove

RON 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 0.0837, compared to 0.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0837

H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0041 OMR (High: 0.0846 / Low: 0.0805). On the other end, May was the most stable month, with a tight range of 0.0013 OMR (High: 0.0842 / Low: 0.0829).

November Spread (Volatile) ±0.0041

May Spread (Stable) ±0.0013

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 October and November, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0852) against the same month in 2023 (average: 0.0850), the exchange rate shifted by +0.0003 (+0.30%).

2024 Avg (August) 0.0852

2023 Avg (August) 0.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0856	0.0836	0.0844
February	0.0842	0.0828	0.0835
March	0.0849	0.0835	0.0842
April	0.0842	0.0822	0.0830
May	0.0842	0.0829	0.0836
June	0.0844	0.0826	0.0832
July	0.0847	0.0830	0.0840
August	0.0866	0.0835	0.0852
September	0.0866	0.0852	0.0860
October	0.0856	0.0834	0.0843
November	0.0846	0.0805	0.0822
December	0.0819	0.0801	0.0810