2024 SEK to OMR Historical Review

YEARLY HIGH

0.0383 OMR

YEARLY LOW

0.0345 OMR

YEARLY AVERAGE

0.0364 OMR

2024 SEK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0383. Conversely, the yearly low was recorded on December 25, dropping to 0.0345.

This high-to-low spread represents a total annual volatility of 0.0037 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0350, the exchange rate registered a net change of -5.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0383 was down 1.13% compared to the 2023 peak of 0.0387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 OMR

2023 Average 181 OMR

Yearly Trough Low 173 OMR

Transaction Impact: A difference of 18.73 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0379

0.0347

JanuMarcMayJulySeptNove

SEK 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 0.0365, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0365

H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0020 OMR (High: 0.0379 / Low: 0.0359). On the other end, June was the most stable month, with a tight range of 0.0009 OMR (High: 0.0371 / Low: 0.0362).

August Spread (Volatile) ±0.0020

June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and June, 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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0372) against the same month in 2023 (average: 0.0371), the exchange rate shifted by +0.0002 (+0.42%).

2024 Avg (January) 0.0372

2023 Avg (January) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0367	0.0372
February	0.0374	0.0363	0.0369
March	0.0377	0.0360	0.0369
April	0.0365	0.0349	0.0356
May	0.0366	0.0352	0.0358
June	0.0371	0.0362	0.0366
July	0.0372	0.0355	0.0362
August	0.0379	0.0359	0.0370
September	0.0382	0.0370	0.0377
October	0.0375	0.0360	0.0368
November	0.0363	0.0348	0.0354
December	0.0355	0.0345	0.0350