2024 ZAR to OMR Historical Review

YEARLY HIGH

0.0225 OMR

YEARLY LOW

0.0199 OMR

YEARLY AVERAGE

0.0210 OMR

2024 ZAR to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0225. Conversely, the yearly low was recorded on February 25, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0026 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0211, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0225 was down 2.18% compared to the 2023 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,125 OMR

2023 Average 1,044 OMR

Yearly Trough Low 996 OMR

Transaction Impact: A difference of 128.26 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0221

0.0201

JanuMarcMayJulySeptNove

ZAR 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 0.0206, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0206

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0014 OMR (High: 0.0217 / Low: 0.0204). On the other end, October was the most stable month, with a tight range of 0.0005 OMR (High: 0.0222 / Low: 0.0216).

December Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0219) against the same month in 2023 (average: 0.0203), the exchange rate shifted by +0.0016 (+7.81%).

2024 Avg (September) 0.0219

2023 Avg (September) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0210	0.0200	0.0205
February	0.0207	0.0199	0.0202
March	0.0207	0.0201	0.0204
April	0.0209	0.0200	0.0204
May	0.0213	0.0205	0.0209
June	0.0215	0.0203	0.0209
July	0.0214	0.0207	0.0211
August	0.0217	0.0206	0.0213
September	0.0225	0.0214	0.0219
October	0.0222	0.0216	0.0219
November	0.0223	0.0211	0.0214
December	0.0217	0.0204	0.0211