2024 TOP to OMR Historical Review

YEARLY HIGH

0.1655 OMR

YEARLY LOW

0.1594 OMR

YEARLY AVERAGE

0.1625 OMR

2024 TOP to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1655. Conversely, the yearly low was recorded on April 29, dropping to 0.1594.

This high-to-low spread represents a total annual volatility of 0.0061 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1634 to the December average rate of 0.1608, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1655 was down 0.70% compared to the 2023 peak of 0.1666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 827 OMR

2023 Average 815 OMR

Yearly Trough Low 797 OMR

Transaction Impact: A difference of 30.33 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1645

0.1604

JanuMarcMayJulySeptNove

TOP 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 0.1626, compared to 0.1624 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) 0.1626

H2 Avg (Jul–Dec) 0.1624

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0035 OMR (High: 0.1650 / Low: 0.1615). On the other end, December was the most stable month, with a tight range of 0.0001 OMR (High: 0.1608 / Low: 0.1606).

October Spread (Volatile) ±0.0035

December Spread (Stable) ±0.0001

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 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1634) against the same month in 2023 (average: 0.1653), the exchange rate shifted by -0.0018 (-1.11%).

2024 Avg (January) 0.1634

2023 Avg (January) 0.1653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1655	0.1625	0.1634
February	0.1631	0.1607	0.1626
March	0.1634	0.1616	0.1625
April	0.1626	0.1594	0.1615
May	0.1633	0.1612	0.1625
June	0.1636	0.1627	0.1632
July	0.1637	0.1614	0.1627
August	0.1646	0.1615	0.1628
September	0.1650	0.1634	0.1641
October	0.1650	0.1615	0.1630
November	0.1618	0.1602	0.1610
December	0.1608	0.1606	0.1608