YEARLY HIGH
0.0596 OMR
YEARLY LOW
0.0538 OMR
YEARLY AVERAGE
0.0572 OMR

2016 DKK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0596. Conversely, the yearly low was recorded on December 20, dropping to 0.0538.

This high-to-low spread represents a total annual volatility of 0.0058 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0561 to the December average rate of 0.0546, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0596 was down 4.47% compared to the 2015 peak of 0.0624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 OMR
2015 Average 287 OMR
Yearly Trough Low 269 OMR
Transaction Impact: A difference of 28.83 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0591
0.0541
JanuMarcMayJulySeptNove

DKK 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 0.0577, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0577
H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0029 OMR (High: 0.0576 / Low: 0.0546). On the other end, September was the most stable month, with a tight range of 0.0006 OMR (High: 0.0583 / Low: 0.0576).

November Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0585) against the same month in 2015 (average: 0.0576), the exchange rate shifted by +0.0009 (+1.53%).

2016 Avg (May) 0.0585
2015 Avg (May) 0.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0564 0.0556 0.0561
February 0.0583 0.0561 0.0573
March 0.0587 0.0561 0.0575
April 0.0592 0.0581 0.0587
May 0.0596 0.0575 0.0585
June 0.0590 0.0571 0.0582
July 0.0578 0.0568 0.0573
August 0.0586 0.0574 0.0580
September 0.0583 0.0576 0.0579
October 0.0581 0.0563 0.0571
November 0.0576 0.0546 0.0558
December 0.0557 0.0538 0.0546