YEARLY HIGH
0.5221 OMR
YEARLY LOW
0.5013 OMR
YEARLY AVERAGE
0.5111 OMR

2024 XDR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.5221. Conversely, the yearly low was recorded on December 29, dropping to 0.5013.

This high-to-low spread represents a total annual volatility of 0.0208 OMR. From a start-to-finish perspective, comparing the January average rate of 0.5140 to the December average rate of 0.5049, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5221 was down 0.55% compared to the 2023 peak of 0.5250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,611 OMR
2023 Average 2,569 OMR
Yearly Trough Low 2,507 OMR
Transaction Impact: A difference of 103.91 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5207
0.5035
JanuMarcMayJulySeptNove

XDR 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 0.5103, compared to 0.5120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.5103
H2 Avg (Jul–Dec) 0.5120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0122 OMR (High: 0.5221 / Low: 0.5100). On the other end, May was the most stable month, with a tight range of 0.0032 OMR (High: 0.5102 / Low: 0.5070).

October Spread (Volatile) ±0.0122
May Spread (Stable) ±0.0032

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 0.0067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.5154) against the same month in 2023 (average: 0.5056), the exchange rate shifted by +0.0099 (+1.95%).

2024 Avg (October) 0.5154
2023 Avg (October) 0.5056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5168 0.5120 0.5140
February 0.5136 0.5069 0.5109
March 0.5145 0.5096 0.5119
April 0.5118 0.5045 0.5084
May 0.5102 0.5070 0.5087
June 0.5110 0.5060 0.5080
July 0.5108 0.5063 0.5091
August 0.5184 0.5109 0.5143
September 0.5218 0.5168 0.5193
October 0.5221 0.5100 0.5154
November 0.5139 0.5028 0.5088
December 0.5081 0.5013 0.5049