2024 SGD to OMR Historical Review

YEARLY HIGH

0.3008 OMR

YEARLY LOW

0.2817 OMR

YEARLY AVERAGE

0.2881 OMR

2024 SGD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.3008. Conversely, the yearly low was recorded on December 31, dropping to 0.2817.

This high-to-low spread represents a total annual volatility of 0.0191 OMR. From a start-to-finish perspective, comparing the January average rate of 0.2882 to the December average rate of 0.2849, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3008 was up 1.97% compared to the 2023 peak of 0.2950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,504 OMR

2023 Average 1,433 OMR

Yearly Trough Low 1,408 OMR

Transaction Impact: A difference of 95.61 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2984

0.2822

JanuMarcMayJulySeptNove

SGD 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 0.2857, compared to 0.2904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2857

H2 Avg (Jul–Dec) 0.2904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0081 OMR (High: 0.2989 / Low: 0.2908). On the other end, June was the most stable month, with a tight range of 0.0028 OMR (High: 0.2861 / Low: 0.2833).

October Spread (Volatile) ±0.0081

June Spread (Stable) ±0.0028

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 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2971) against the same month in 2023 (average: 0.2823), the exchange rate shifted by +0.0147 (+5.22%).

2024 Avg (September) 0.2971

2023 Avg (September) 0.2823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2922	0.2863	0.2882
February	0.2880	0.2849	0.2862
March	0.2893	0.2847	0.2870
April	0.2862	0.2820	0.2836
May	0.2864	0.2829	0.2849
June	0.2861	0.2833	0.2846
July	0.2881	0.2835	0.2861
August	0.2959	0.2880	0.2926
September	0.3008	0.2944	0.2971
October	0.2989	0.2908	0.2938
November	0.2931	0.2854	0.2881
December	0.2876	0.2817	0.2849