YEARLY HIGH
0.1029 OMR
YEARLY LOW
0.1022 OMR
YEARLY AVERAGE
0.1026 OMR

2024 SAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1029. Conversely, the yearly low was recorded on November 3, dropping to 0.1022.

This high-to-low spread represents a total annual volatility of 0.0008 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1026 to the December average rate of 0.1025, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1029 was down 0.28% compared to the 2023 peak of 0.1032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 515 OMR
2023 Average 513 OMR
Yearly Trough Low 511 OMR
Transaction Impact: A difference of 3.87 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1027
0.1025
JanuMarcMayJulySeptNove

SAR 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 0.1026, compared to 0.1025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1026
H2 Avg (Jul–Dec) 0.1025

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0005 OMR (High: 0.1029 / Low: 0.1024). On the other end, February was the most stable month, with a tight range of 0.0000 OMR (High: 0.1027 / Low: 0.1026).

April Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1026) against the same month in 2023 (average: 0.1026), the exchange rate shifted by +0.0000 (+0.02%).

2024 Avg (April) 0.1026
2023 Avg (April) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1028 0.1024 0.1026
February 0.1027 0.1026 0.1026
March 0.1027 0.1025 0.1026
April 0.1029 0.1024 0.1026
May 0.1026 0.1025 0.1026
June 0.1027 0.1025 0.1026
July 0.1028 0.1025 0.1026
August 0.1028 0.1025 0.1026
September 0.1026 0.1025 0.1026
October 0.1027 0.1025 0.1025
November 0.1026 0.1022 0.1025
December 0.1026 0.1024 0.1025