YEARLY HIGH
0.1379 OMR
YEARLY LOW
0.1370 OMR
YEARLY AVERAGE
0.1375 OMR

2024 WST to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1379. Conversely, the yearly low was recorded on November 3, dropping to 0.1370.

This high-to-low spread represents a total annual volatility of 0.0009 OMR. From a start-to-finish perspective, comparing the January average rate of 0.1375 to the December average rate of 0.1375, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1379 was down 3.42% compared to the 2023 peak of 0.1428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 690 OMR
2023 Average 705 OMR
Yearly Trough Low 685 OMR
Transaction Impact: A difference of 4.38 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1375
0.1374
JanuMarcMayJulySeptNove

WST 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 0.1375, compared to 0.1375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1375
H2 Avg (Jul–Dec) 0.1375

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0007 OMR (High: 0.1379 / Low: 0.1372). On the other end, February was the most stable month, with a tight range of 0.0001 OMR (High: 0.1375 / Low: 0.1374).

April Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1375) against the same month in 2023 (average: 0.1412), the exchange rate shifted by -0.0037 (-2.65%).

2024 Avg (April) 0.1375
2023 Avg (April) 0.1412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1377 0.1372 0.1375
February 0.1375 0.1374 0.1375
March 0.1376 0.1372 0.1375
April 0.1379 0.1372 0.1375
May 0.1375 0.1372 0.1374
June 0.1375 0.1372 0.1375
July 0.1377 0.1373 0.1375
August 0.1375 0.1373 0.1375
September 0.1375 0.1373 0.1375
October 0.1377 0.1373 0.1375
November 0.1375 0.1370 0.1375
December 0.1375 0.1374 0.1375