YEARLY HIGH
0.0043 OMR
YEARLY LOW
0.0015 OMR
YEARLY AVERAGE
0.0040 OMR

2020 CVE to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0043. Conversely, the yearly low was recorded on March 18, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0028 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0042, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0043 was up 6.52% compared to the 2019 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 OMR
2019 Average 19 OMR
Yearly Trough Low 7 OMR
Transaction Impact: A difference of 13.90 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0043
0.0037
JanuMarcMayJulySeptNove

CVE 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 0.0038, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0038
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0025 OMR (High: 0.0040 / Low: 0.0015). On the other end, April was the most stable month, with a tight range of 0.0001 OMR (High: 0.0038 / Low: 0.0038).

March Spread (Volatile) ±0.0025
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0042) against the same month in 2019 (average: 0.0039), the exchange rate shifted by +0.0004 (+9.69%).

2020 Avg (December) 0.0042
2019 Avg (December) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0039 0.0038 0.0039
February 0.0038 0.0038 0.0038
March 0.0040 0.0015 0.0038
April 0.0038 0.0038 0.0038
May 0.0039 0.0038 0.0038
June 0.0039 0.0039 0.0039
July 0.0041 0.0038 0.0040
August 0.0042 0.0041 0.0041
September 0.0042 0.0040 0.0041
October 0.0041 0.0041 0.0041
November 0.0042 0.0041 0.0041
December 0.0043 0.0042 0.0042