YEARLY HIGH
0.0466 OMR
YEARLY LOW
0.0440 OMR
YEARLY AVERAGE
0.0457 OMR

2024 SBD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.0466. Conversely, the yearly low was recorded on March 12, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0026 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0459, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0466 was down 0.83% compared to the 2023 peak of 0.0470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 OMR
2023 Average 231 OMR
Yearly Trough Low 220 OMR
Transaction Impact: A difference of 12.86 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0464
0.0453
JanuMarcMayJulySeptNove

SBD 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 0.0455, compared to 0.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0455
H2 Avg (Jul–Dec) 0.0459

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 OMR (High: 0.0458 / Low: 0.0440). On the other end, May was the most stable month, with a tight range of 0.0002 OMR (High: 0.0454 / Low: 0.0452).

March Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0463) against the same month in 2023 (average: 0.0456), the exchange rate shifted by +0.0007 (+1.52%).

2024 Avg (October) 0.0463
2023 Avg (October) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0461 0.0455 0.0457
February 0.0458 0.0452 0.0455
March 0.0458 0.0440 0.0455
April 0.0456 0.0450 0.0454
May 0.0454 0.0452 0.0454
June 0.0456 0.0453 0.0455
July 0.0458 0.0454 0.0456
August 0.0458 0.0450 0.0454
September 0.0464 0.0454 0.0462
October 0.0466 0.0461 0.0463
November 0.0464 0.0458 0.0460
December 0.0462 0.0459 0.0459